Senrigan Capital Group, a Hong Kong-based hedge fund founded by former Citadel managing director Nick Taylor, hit $1 billon AUM, according to FinAlt.
Senrigan “became one of the first Asia-focused hedge fund startups since 2009 to reach $1 billion in assets,” Bloomberg reported.
The event-driven hedge fund was seeded by Blackstone (which invested $150 million) and launched with approximately $220 million in assets.
Since inception, Senrigan has returned more than 9%.
Taylor was only with Citadel for half a year. He left when the hedge fund slashed its headcount in Asia.
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