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. The fact Strauss-Kahn announced his fund from the Asian nation rather than a European or US location is a nod to…
In China, Former IMF Chief Strauss-Kahn Announces Effort To Raise $2B
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.