Apex HK rebrands as AuYeung takes full ownership

Apex Capital in Hong Kong has rebranded as AD Capital Management, following co-founding portfolio manager Tat AuYeung’s recent move to take full control of the regional hedge fund operation, and as a final step in establishing itself as an independent entity from Apex in New York. AuYeung is understood to have taken control of the Hong Kong operation recently as an independent and sole shareholder, marking the completion of its separation process from US-based Apex Capital Managem…