Infini Capital Management, a Hong Kong-headquartered hedge fund, is reopening its Infini Master Fund to external investors. Infini has also appointed Jim Song as a portfolio manager, among several major hires across its offices.
Song joined the firm in late 2021 to focus on its global macro strategy. He has almost a decade of experience as a trader in the Asia-Pacific region for such firms as Citigroup and CITIC. He was hired alongside four other portfolio managers covering index, equity long and short, and risk arbitration.
In 2021 Infini increased its headcount by a third and opened a new office in Taipei. The firm has ambitious plans for growth in 2022 as it returns to the market and makes further hires.
Over the course of 2021, the firm says, the Infini Master Fund was up by 96%, gaining in almost every month of the year while generating a Sharpe ratio above 5. Since its inception, the fund has outperformed peers and the market by adopting niche, flexible trading strategies to generate consistent, low volatility, high Sharpe ratio returns. Infini says that the fund’s average annual performance has exceeded 100%, with no annual losses reported, since inception.
Founder and chief executive officer Tony Chin says: “2021 represents an inflection point for Infini Capital. We achieved exceptional growth and deepened our bench of talent in cities all over the world, including at our new office in Taipei. The fund’s impressive performance was driven by our dynamic capital allocation strategy, which capitalizes on rapid market movements, generating alpha from short and medium-term opportunities."
He adds: “2022 will be another exciting year for the firm as we announce several key hires and open the fund to outside investors, taking advantage of continuing volatility in global markets. Political risk in Europe, inflation uncertainties, Japanese government bond futures and the prospect of a relief rally in China A-shares all make for exciting trading opportunities in the year ahead.”
In opening the fund to new external investors, Infini will focus on North America-based pension and endowment funds and Asia-based family offices in the second quarter of 2022.