The India Fund is a closed-end investment company with current total assets of $951.5 million (as of November 30, 2011) and its investment objective is long-term capital appreciation by investing primarily in Indian equity securities.
Aquila, which manages about 3 billion euros ($4.02 billion), opened its first Asian office in Singapore in October.
The crash drew international attention not only for its stunning price — the vehicles collectively cost more than $1 million — but also for the rare glimpse of Japan’s superrich, who tend to avoid ostentatious public displays of wealth.
In fact, ETFs for resource-rich countries (e.g., Brazil, South Africa, Chile), as well as China itself, were hit the hardest.
Loans surged 91 percent to $38.3 billion this year from the same period of 2010, beating the previous record of $30.7 billion in all of 2008, according to data compiled by Bloomberg. T
The fund will focus its investments on Asia-Pacific related equities, convertible and corporate bonds as well as credit and equity derivatives, according to a company statement.
Huttenlocher, who quit Highbridge Capital in March, managed Highbridge's Asia-focused fund, which once had about $2 billion in assets under management.