NEW YORK: Jamie Dinan’s York Capital Management LP is seeking fresh money for its Asia strategy to take advantage of increased opportunities in the region, according to a person with knowledge of the matter.
The New York-based hedge fund firm reopened its Asia-focused funds last month, tapping new and existing investors for another US$500mil, the person said, asking not to be identified because the information is private. York’s Asia strategy currently oversees US$2.5bil and stopped accepting money from new investors in late January 2019.