About
Founded in 2008, Dymon Asia Capital is a leading Asia focused alternative investment management firm. The firm manages strategies across public and private markets in Asia and globally.
Accolades
The Dymon Asia Macro Fund was ranked in the top 50 by Bloomberg Magazine in 2016’s Top-Performing Funds with assets over $1 billion.
The Dymon Asia Macro Fund ranked amongst the top ten hedge funds globally in 2011 and in 2014.
Assets Under Management
As of June 30, 2018 assets under management (AUM) across hedge fund, private equity and venture capital strategies are approximately US$5 billion (included committed capital and notional assets).
Funds
Dymon Asia Capital currently manages 12 funds with 150 professional staff across the various investment strategies: Macro, Equity L/S, Private Equity and Venture Capital.
BUSINESSES
Macro Strategies
Macro Strategies are the core of Dymon Asia’s business and represent the majority of the firm’s assets under management. The Dymon Asia Macro Fund (DAMF) is a discretionary global macro hedge fund trading highly liquid instruments including Asian and G10 currencies, interest rates and futures.
Dymon Equities
The equity business seeks to combine Asia’s leading long-short investment talent with Dymon’s institutional-grade infrastructure and risk systems. The program offers investors innovative solutions via our multi-portfolio manager strategy or via direct access to select individual managers.
Dymon Asia Private Equity
The Dymon Asia Private Equity (S.E. Asia) Fund is a Singapore and South-East Asia focused private equity fund investing mainly in growth and buyout situations in Small and Medium Enterprises in the region.
The Dymon Asia Private Equity (S.E. Asia) Fund II conducted a first close in December 2017 with $325.1 million of committed capital. This Fund has a similar investment focus as the first private equity fund.
Dymon Asia Ventures
Dymon Asia Ventures concentrates on early stage investing in technology companies. The Fund partners with exceptional entrepreneurs to transform financial services sectors through technology.
PARTNERS
Dymon Asia is proud to be majority owned by partner employees.
DANNY YONG: CHIEF INVESTMENT OFFICER AND FOUNDING PARTNER
Danny Yong is the Chief Investment Officer and a founding partner of Dymon Asia Capital, and has over 22 years of experience trading FX, fixed income, and index futures in Asia. Before Dymon, he was a founding partner and CIO of Abax Global Capital, a hedge fund based in Hong Kong. Previously an MD at Citadel Investment Asia, he established and ran the Asia Macro trading business from 2005 to 2007. Prior to Citadel, he was Goldman Sachs’ Head of Trading for South East Asian FX and Derivatives where he spent almost six years in the Hong Kong and Tokyo offices. Danny started his trading career at JP Morgan in 1997 as a FX currency and interest rate derivatives trader.
DAVID CHAN: CHIEF EXECUTIVE OFFICER AND CO-CHIEF INVESTMENT OFFICER
David Chan is the Chief Executive Officer and Co-Chief Investment Officer at Dymon Asia Capital. He has over 26 years of experience trading FX, fixed income and index futures in Asia. Prior to Dymon, he was Head of Asia Pacific Foreign Exchange Trading and Head of Macro Trading for Asia Pacific ex Japan at Goldman Sachs. At the firm, he was also a member of the Asia Pacific Securities Division Operating Committee, and the Asia Pacific Risk Committee whilst simultaneously serving on the Board of Goldman Sachs International Bank. Before his tenure at Goldman Sachs, David was a Vice President and Head of Interest Rate Management Group at Chemical Bank/CHASE Manhattan Bank in Hong Kong from 1994 to 1998. He started his investment career at Citibank as a bond trader in 1992.
JAY LUO: PRESIDENT
Jay Luo is President of Dymon Asia Capital. Prior to Dymon, he was a Managing Director, Head of Asia Pacific for S.A.C. Capital Advisors (Hong Kong) Limited. He managed S.A.C Group’s activities in the Asia Pacific Region, which consisted of various portfolio management teams in Hong Kong, Singapore, Beijing, and Tokyo. Before his relocation to Hong Kong in 2007 to build S.A.C Group’s presence in Asia, he was a senior member of S.A.C’s risk management team in Stamford, Connecticut.
KEITH TAN: CHAIRMAN, INVESTMENT COMMITTEE OF DYMON ASIA PRIVATE EQUITY AND FOUNDING PARTNER
Keith Tan is Chairman of the Dymon Asia Private Equity Investment Committee and a founding partner of Dymon Asia Capital. Prior to Dymon, he was a Director at Abax Global Capital, a hedge fund based in Hong Kong, where he originated, structured and executed investment transactions across Asia for Abax’s special situations funds. During his career, Keith was also member of the Executive Committee of Standard Chartered Bank (China) and Branch Manager of Standard Chartered Bank’s Shanghai Branch.
KWANG HUI LIM: SENIOR PORTFOLIO MANAGER AND MANAGING PARTNER
Kwang Hui Lim is a Senior Portfolio Manager and managing partner at Dymon Asia Capital. He has over 31 years of experience trading FX, fixed income, and index futures in Asia. Prior to Dymon, he was a Director (Global Finance and Foreign Exchange) at Deutsche Bank, Singapore. During his tenure at the firm, Kwang Hui was also Head of Deutsche Bank’s foreign exchange spot trading business in Singapore and Tokyo and was also responsible for managing currency risks flowing through Deutsche Bank’s proprietary e-trading platform in the Asia Pacific Region. He started his career with JP Morgan, Singapore in 1987 and became Head of Currency Trading in Asia of JP Morgan’s Foreign Exchange Group.
MARK WONG: CHIEF OPERATING OFFICER AND CHIEF RISK OFFICER
Mark Wong is Chief Operating Officer and Chief Risk Officer of Dymon Asia. Prior to Dymon, he was the Co-Head of Linear Foreign Exchange and Rates trading in Asia at Deutsche Bank in Singapore. Mark managed a team of traders across Asia, and was responsible for the market making franchise covering both onshore and offshore foreign exchange and rates markets. He was an Executive Committee member of Deutsche Bank’s Global Finance and Foreign Exchange division. Mark enjoyed a 17-year tenure at Deutsche Bank, starting as a fixed income trader in London, before moving to Singapore to continue his trading career in the Asian local currency markets.
SHAWN YUAN: PORTFOLIO MANAGER FOCUSING ON CHINA RATES AND MANAGING PARTNER
Shawn is a Portfolio Manager and managing partner at Dymon Asia Capital. Prior to Dymon, he was Head of China Rates Credit Trading at Standard Chartered Bank in Shanghai. Shawn traded proprietary capital primarily in CNY cash bonds, interest rates swaps, non-deliverable forwards and onshore FX. Shawn joined the Global Rates Trading desk as a trader in 2007, before becoming Director in 2010 and Head of China Rates Trading in 2011. He started his career with Standard Chartered Bank in Singapore as an Associate in the Commodity Corporates team in the group office in Singapore before moving to Shanghai where he started his trading career.
NEWSROOM
A new way to hire staff, no university degree required
Firm looks instead for qualities such as curiosity, emotional intelligence, creative personality. When Danny Yong first started work as a financial trader at an American Investment bank in 1997, he
Asia Hedge Fund King Danny Yong Says Debt Doesn’t Matter
On 30 September, 2008, the US National Debt clock installed at New York’s Times Square ran out of numbers as it ticked over $US10 trillion. In the midst of the
Cryptocurrency Bubble Could Continue: Dymon’s Danny Yong
One of Asia’s leading hedge fund investors says institutions will only embrace cryptocurrencies once they can get their comfort their holdings can’t be stolen by hackers. Read the full article here.
Community
Dymon Asia Capital recognizes the importance of contributing to the community it operates in. We support the causes of Education, Elderly and Youth. We partner with voluntary welfare organizations to provide both financial support and volunteer assistance, in the hope of helping the respective organizations deliver more effectively the social impact they set out to achieve.
Dymon Volunteers help deliver packs to over 100 families for Children's Wishing Well under their Food-For-Families program.
We take part in Saturday afternoon Tea sessions at Kwong Wai Shiu Hospital.
To encourage active aging, Dymon volunteers take ukelele lessons with the elderly at AWWA.
