皇冠体育app

/ Mosaic

Wealth fund to invest in hedge funds

皇冠体育app Daily | Updated: 2009-06-18 08:09

Felix Chee, an adviser to 皇冠体育app's $200 billion sovereign wealth fund, said it aims to make investments in hedge funds.

"We will have a preference for managed accounts," he said in an interview yesterday at the GAIM International hedge fund conference at Monaco's Grimaldi Forum. "The platform would like a core of single-manager funds and fund-of-funds."

Chee, who said he will initially run 皇冠体育app Investment Corp's hedge fund and proprietary trading effort, is a special adviser to the chief investment officer of CIC.

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