In China, Former IMF Chief Strauss-Kahn Announces Effort To Raise $2B
Dominique Strauss-Kahn, former International Monetary Fund chief, plans to raise $2 billion for a new macro hedge fund.
Strauss-Kahn: Importance of China
Strauss-Kahn’s firm, LSK & Partners, which includes his daughter and economist Vanessa Strauss-Kahn, was on a promotional trip in China when they made the strategic announcement.
The importance of China, with over 650,000 millionaires and a rapidly emerging institutional appetite for alternative investments, is becoming a region that is increasingly more difficult for hedge funds to ignore . . .
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