Two-year-old Keystone Investors Pte has seen assets swell above $2.6 billion, said a person with knowledge of the matter, a rarity among pandemic-era Asia hedge fund startups.
The Singapore-based firm has decided to stop accepting fresh money, having received enough investor commitments to take assets to $3 billion, its targeted cap for now, the person added, asking not to be identified discussing confidential information. Chief Investment Officer Liu Xuan declined to comment.