Munsun AM launches China-focused hedge fund

15 Mar 2011
Munsun Asset Managements Limited has launched the second in a series of China-focused hedge funds, Essence Munsun China Growth Fund. Kaye Scholer LLP advised the Shenzen PRC based investment management firm on the launch.

The fund’s investment objective is to seek long-term capital growth through a portfolio consisting primarily of securities of companies established or operating in the People's Republic of China, Hong Kong, Macau or Taiwan and of Chinese companies listed in the Hong Kong, New York, London, and Singapore stock exchanges. The fund will invest companies that are positioned to benefit from robust economic growth and promising investment opportunities in Greater China Region.

The Kaye Scholer team advised Munsun on the structuring and launch of the fund, established and documented in line with international hedge fund practices. The team also advised Munsun on the structuring and launch of its first China-based hedge fund, Munsun China Opportunity Investment Fund in 2010.