Pequot Capital Management, with approximately $14 billion in assets under management, is opening offices in London and Taiwan. A spokesman confirmed the move, but declined to elaborate, according to DW sister publication Alternative Investment News.
The fund may be seeking to increase its stock picking expertise by placing analysts closer to Asian companies, one hedge fund consultant said. Another industry expert said the multi-billion hedge fund firm could be ramping up for a roll out of a private equity fund later this year.
