Kumar from TPG-Axon to Launch Hedge Fund

April 9th, 2009
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Bloomberg reported yesterday that Hari Kumar who was a founding partner at Dinakar Singh’s TPG-Axon is launching his own hedge fund firm in Singapore on June 1, 2009. The new firm is named LionRock Capital Pte and will utilize a multi-strategy approach to invest in Asia-Pacific stocks.

The fund has been seeded with $75 Million of its two partners own money. Outside investors will likely be brought in at a later date.
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For Detailed Investor Profiles on these Investors, click below:
TPG-Axon Capital
Related People: Dinakar Singh
Related Entities: Texas Pacific Group; TPG-Axon Partners
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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