Jeffrey Altman’s Owl Creek joins SAC Capital and GLG in Hong Kong
| June 7th, 2011 | ||
| Owl Creek Hong Kong Ltd., a subsidiary of hedge fund Owl Creek Asset Management, received its Hong Kong asset management license from the Securities and Futures Commission in May. The Hong Kong license allows the hedge fund to broaden its investor base, according to Reuters. New York-based Owl Creek Asset Management was founded by Jeffrey Altman in June 2001 with assets of $17 million, of which $7 million was Altman’s own money. The hedge fund now manages $7 billion, with $2.6 billion invested in Asia. Altman is among the highest-paid Wall Street fund managers. Owl Creek Hong Kong Ltd. is headed by Jeffrey Lee who has been with the hedge fund since 2004. | ||
For Detailed Investor Profiles on these Investors, click below: |
GLG Partners |
Owl Creek Asset Management |
SAC Capital Advisors |
Related People: Daniel Krueger;
Related Entities: Canvas Capital;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings
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