The former Asia head at Ziff Brothers Investment is launching his own hedge fund.
Bloomberg reported that Gregard Heje’s Hong Kong-based Kontiki Capital Management will be heavily seeded by Ziff Brothers, and will begin trading as early as the second quarter of this year. The equity long/short fund will pick stocks based on company fundamentals.
The article added that most of Ziff Brother’s former Hong Kong-based employees will join the new firm. New York-based Ziff Brothers closed its U.S. hedge fund at the end of last year after its top portfolio manager, Ian McKinnon, announced he was retiring in 2015.
Norwegian native Heje joined Ziff Brothers’ London office in 2005.