van Biema Asia Value Fund, Ltd. - (Cayman) Commenced Operations on
August 1, 2008
NEW YORK, Oct. 22 /PRNewswire/ -- van Biema Value Partners, LLC is
pleased to announce the official launch of van Biema Asia Value Fund, Ltd.,
domiciled in the Cayman Islands. The Fund commenced operations on August 1,
2008, having received an initial commitment of approximately US$215.0
million from one of our large existing institutional clients. The objective
of the van Biema Asia Value Fund, Ltd. is to provide investors with a
diversified portfolio of small, high quality Pan-Asian Value managers. Our
research indicates it has been difficult for the high net worth or
institutional investor to make significant investments in this niche. We
believe this Fund provides investors with a unique investment proposition,
especially considering that currently much of the investment focus in Asia
is centered around growth or momentum based investing, providing Value
managers with a robust and growing opportunity set of lower growth, strong
franchise businesses.
The Asia Value Fund expects to maintain a small, concentrated portfolio
of managers, generally less than 20. The Fund will not be diversified
across investment styles as is the case with many funds of funds, but is
rather a highly specialized, niche fund of hedge funds for the
sophisticated high net worth and institutional investor. Our niche, the
Value discipline, has demonstrated, over the long term, significant
outperformance over market benchmarks in both practical experience and in a
number of academic studies. The Fund achieves its diversification across
the Pan-Asia geography, market capitalization, and asset classes as well as
the specific Value style employed by specific managers.
van Biema Value Partners, LLC founded in 2004 is a U.S. Securities and
Exchange Commission registered investment adviser managing several
investment entities (i.e. fund of hedge funds) domiciled in the U.S. and
Cayman Islands. The firm is principally involved in the investment
management of portfolios of "Value" oriented hedge fund managers. The firm
actively manages portfolios of hedge funds concentrated in three geographic
areas: 1) United States, 2) Europe and 3) Asia. A majority of the firm's
clients are Public Pension Plans and Institutions.
The firm's founding Partner, Michael van Biema (Ph.D. from Columbia
University, B.A. from Princeton University in Electrical Engineering), was
on the faculty of Columbia Business School from 1992 to 2004 where he has
taught general corporate finance, capital markets, securities analysis,
value investing and entrepreneurial finance in both the regular and
executive MBA programs. He has also served as director of a multi-year,
multimillion-dollar research project focused on productivity in the service
sector funded by the Alfred P. Sloan Foundation.
For more information about this topic, our firm, and other advisory
services we provide please contact Michael van Biema by calling
212-508-4680, or e-mail at info@vbvaluepartners.com. An investment in the
Fund carries certain risks, including the risk of loss. Past performance is
no guarantee of future results.
SOURCE van Biema Value Partners, LLC
 back to top
Related links:
http://www.vbvaluepartners.com/
CONTACT:
Michael van Biema, CEO & CIO of van Biema
Value Partners, LLC, +1-212-508-4680, Fax, +1-212-508-4659,
info@vbvaluepartners.com
|
