Goldman Sachs Investment Partners is fundraising for a new fund that it launched earlier this month.
Bloomberg Businessweek reported that the new opportunistic equity long/short fund fund, called Oryza Capital, will invest in Asia, including Australia and Japan. The fund is co-headed by Hong Kong-based Ryan Thall, who plans to discuss the new offering to potential investors at a Morgan Stanley hedge fund forum next month in Hong Kong.
Will Tan, a managing director who focuses on the hedge-fund industry at Singapore-based recruiting firm Principle Partners Pte, explained that “Asia is still one of the fastest-growing regions in the world, so it’s no surprise that there is continued interest in notable Asian launches.”
Launched in 2008 with about $7 billion, GSIP also has investments in credit, distressed securities and hard-to-sell assets globally.