In search of the Komodo Fund

HB Capital Partners, a company incorporated in the Cayman Islands, has begun marketing the Komodo Fund, which it bills as the first ever international absolute return fund solely focused on Indonesia.The fund plans to launch on November 1 with a base currency in US dollars, a minimum investment size of $100,000 and quarterly redemptions. The management fee is 1% of net asset value, while the performance fee is 20%.It will be an actively managed portfolio of predominantly Indonesian in…