Hedge Fund Awards 2015

Hedge Fund Awards 2015 www.acquisition-intl.com 7 Best Multi-Strategy Fund - Asia (KS Asia Absolute Return Fund IC) es, the liquidity of Asian fixed income market is much smaller than the US/UK/EU liquidity. Capital raising for hedge fund is more difficult as big investors are still in the US/UK/EU.” Looking to the future, Shin says Korea is probably the only country in the world that government aggressively try to build the hedge fund industry and is in the process to open the door for even high net-worth retail investors, while most of countries, including the US/UK/EU/ and so on are trying to impose more regulations/restriction. “The Korean government allowed to launch on-shore Korean hedge funds a few years ago and now on-shore Korean hedge funds AUM increased to US$2.5bn, which is expected to grow at a fast pace given the US$1.1tn market cap of Korea. “NPS (National Pension Services, which is the 4th largest pension fund globally) is growing rapidly and its AUM is expected to jump from US$414bn currently to US$770bn by 2020 and US$2,328bn by 2043. “Gen2 Partners has MOU with Woori Asset Management (the asset management arm of Woori Financial Group, which is owned by the government, now acquired by Kiwoom Investment & Securities, which is the leading Korean broker which the largest market share for the past 8 consecutive years) from September 2011 and actively involved in Korean hedge fund market. Gen2 also has strong relationship with other leading Korean Asset Managers and currently in the process to accept investments from Korea.” Gen2 is planning to continue to build up KSAARF in 2015. “We are planning to offer a few more commingled fund options,” says Shin, “such as 1) Multi-Strategy Fund as we have been doing, 2) Fixed Income Strategy which has been the dominant strategy for the past 5 years of Multi-Strategy, and 3) Equity L/S Strategy of the Multi-Strat- egy. Investors can choose either 1) multi-strategy, 2) fixed income strategy only out of KSAARF’s multi-strategy, 3) equity L/S strategy only out of KSAARF’s multi-strategy. Shin says Gen2 is “thrilled” to be named Best Multi-Strategy Fund – Asia for KSAARF, and believes the award will be a stepping stone to greater success for Gen2 Partners Limited. “The fund has been con- sistently nominated by leading Hedge Fund institutions since the fund launched in 2010 and we won our first award in 2014, which means something to us (we have won HFM Week Best Asian Multi-Strategy Fund in 2014). Our staff and investors are excited to win the award after five years of hard work and successful returns to the investors. Kyle Shin and the team are very appreciative of the award which reflects the hard work done over the last few years. n “ The fundhasbeenconsist- entlynominatedbyleading HedgeFund institutions since the fund launched in2010andwewonour first award in2014,which means something tous (we havewonHFMWeekBest AsianMulti-StrategyFund in2014). ”