Myo Capital and DBS shelve special sits fund
Myo Capital will continue to manage its Master Fund for a select group of family office clients as Geoff Lee leaves the firm and DBS focuses on fund management distribution.
Justin Ferrier’s Myo Capital and DBS have put marketing on hold for the Myo Capital Special Situations Fund. The fund, which was announced in the spring of 2010, was predicated on capital being raised to match DBS's contribution.
But fundraising has been extremely challenging, and despite the fact that there was reasonable interest in the fund, sufficient capital was not invested to take the fund to a level where it could make a significant first close.
Also, DBS decided to sell…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.