|Having secured returns that bested other hedge funds worldwide, the OGI Global Macro Fund is predicted to double its assets this month, bringing the fund’s total assets under management to $100 million. According to Bloomberg, the OGI Global Macro Fund launched with $15 million in November of last year and soon grew to $45 million with overseas institutional investments. |
Managed by former Lehman trader Allan Bedwick, the global macro fund focuses on Asia and returned over 6% through August. The hedge fund recently benefitted from Greece’s summer debt problems and bullish bets on Asian currencies and Japanese government bonds.
The OGI Global Global Macro Fund is one of OGI Capital Partners’ main fund offerings. OGI Capital was founded in March of 2009 by Hideyuki Fred Omokawa, who was previously a partner at Goldman Sachs.