Like other start-up asset managers, the Asian private debt fund house is finding it hard to secure capital amid the Covid-19 pandemic. It has recruited heavy-hitters to help.
BlackRock names Asia-Pac head of iShares capital markets, BNY Mellon IM grabs Japan equity team, Ascalon hires ex-DragonBack CEO in Australia and Lunar Capital adds partner.
A highly liquid strategy cost us, admits Robert Lance, after redemptions force him to close two hedge funds. DragonBack Capital is now recasting itself as a provider of risk-management services to fledgling funds.