Cheetah enters real estate and activist strategies

Cheetah Investments, a Hong Kong-based hedge fund consultant that invests on behalf of its wealthy Asian clients, is preparing the launch of two new funds - a Japanese real estate fund, and a China activist fund. Cheetah's key investor and partner is V-Nee Yeh, a well-known value investor in Hong Kong. V-Nee Yeh also co-founded Hong Kong's largest home-grown fund manager, Value Partners, which manages over $2 billion in AUM. Raymond Wong, Cheetah's managing director, says the fi…