Hedge Fund Dymon Asia Capital is rapidly approaching $8 billion in assets under management by the third quarter, well ahead of its previous target of $5 billion by the end of 2026. As of May 1, Dymon was already managing $7.5 billion in assets, reflecting significant and faster-than-expected growth as more global investors turn their attention to Asia-based hedge funds.
The firm has also added two new hires Bernie Ahkong, formerly Chief Investment Officer of the Global Multi-Strategy Alpha business at UBS O’Connor, and Ajay Kumar, who joins from ExodusPoint Capital Management.
View the full story on Bloomberg here: Hedge Fund Dymon’s Assets Near $8 Billion, Blowing Past Estimate – Bloomberg