According to anonymous sources, three former managing directors of Goldman Sachs’ Japan business are planning to launch a multi-strategy hedge fund in Asia next year.
Koji Gotoda and Takayuki Kasama’s fund, called Golvis Investment Pte, will invest in asset classes with an initial focus on Japan. According to one of the sources, hedge funds that focus on Japan generally trade stocks. Therefore, the new team of former GS employees with the ability to invest in multiple asset classes will stand out.
Peter Douglas of GFIA Pte explained: “The pedigree of the principals will guarantee they at least get a good hearing from prospective allocators. After many years of slow death or exile for the Japanese hedge fund industry, it does feel as if the industry, like the country, could be on the verge of a renaissance.”
According to Bloomberg News, Gotoda will present his plans at the annual Goldman Sachs Asia Hedge Fund Symposium in Tokyo.