Christophe Lee has joined hedge fund FrontPoint Partners in
Until recently he worked as
Meanwhile, he will continue in his high-profile role as chairman of the Hong Kong/China group of the Alternative Investment Management Association (Aima), a global, not-for-profit trade body for the hedge-fund industry.
His job at FrontPoint is a newly created role and he will represent the entire line-up of 15 FrontPoint funds in Asia-Pacific. He reports to Jordan Gershuny, US-based head of the firm’s client services group.
The FrontPoint platform was acquired by Morgan Stanley in 2006, although that relationship looks likely to change on the back of the Volcker Rule. This provision was introduced by US president Barack Obama in January to restrict banks’ proprietary trading activities and sponsorship of hedge funds and private-equity firms.
The Dodd-Frank Financial Overhaul Bill, named after its principal authors, was signed into law this July. Morgan Stanley has been reported to be close to relinquishing control of FrontPoint whose executives have been seeking to buy the firm back. The bank declined to comment further.
In Asia-Pacific, FrontPoint has offices in Hong Kong, Singapore and Sydney. As well as its global funds, FrontPoint has two key locally run funds: an event-driven strategy managed by John Foo in Singapore, launched in 2009 when he brought in his team from Kingsmead Capital; and a Greater China long/short fund run in Hong Kong by Kenrick Leung.