Equanum Plans India Hedge Fund


Equanum Capital Management, a U.S.- based equity hedge fund focusing on Asia outside Japan, plans to move its operations to Singapore as it starts an India fund.

Equanum Capital plans to raise about $50 million for an Indian “long-biased” hedge fund, which it aims to introduce in the second quarter, said Kalpesh Kapadia, the firm’s founder, who is moving with his family from Palo Alto, California. The firm already has two analysts in Asia, he said in an interview in the city-state.

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