Dymon Asia is an Asia-focused

investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...

firm based in

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

. It is considered one of the largest

hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...

s in Singapore and Asia.

History

Abax Dymon was founded in 2008 by

Danny Yong Dymon Asia is an Asia-focused investment management firm based in Singapore. It is considered one of the largest hedge funds in Singapore and Asia. History Abax Dymon was founded in 2008 by Danny Yong and Keith Tan. Yong was founding partner an ...

and Keith Tan. Yong was founding partner and CIO of Abax Global Capital, a hedge fund based in Hong Kong that was part-owned by

Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...

. He previously was a managing director at

Citadel LLC Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by Kenneth Griffin, it has more than $65 billion in assets under management . The company has ...

and Head of Trading for South East Asian FX and Derivatives at

Goldman Sachs The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...

. In August 2008, the

Tudor Investment Corporation Tudor Investment Corporation is an American investment firm based in Stamford, Connecticut. The firm invests in both public and private markets globally. Background In 1980, Paul Tudor Jones founded the Tudor Investment Corporation. Commod ...

provided US$123 million of seed funding to Dymon Asia. In August 2009, the firm separated from Abax Global Capital and was renamed to Dymon Asia. It also stated accepting money from outside investors. Initially it relied on European investors for half of its money but later gathered capital from US investors and pension funds. In May 2014,

Temasek Holdings Temasek Holdings (Private) Limited ( ) is a Singaporean State ownership, state-owned multinational investment firm. Incorporated on 25 June 1974, Temasek has a net portfolio of US$288 billion (S$389 billion) as of 2024. Headquartered at Orchard ...

invested US$500 million in Dymon Asia and also took a minority stake in the company.

Business overview

Dymon Asia is an investment firm that invests in both the

public equity A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (li ...

as well as the

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

markets. It is headquartered in

with additional offices in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

and

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

. Its flagship fund is the Dymon Asia Macro Fund which held US$2 billion assets under management and had a return of 37% in the first quarter of 2020. In 2020, the US$1 billion Dymon Asia Multi-Strategy Investment Fund was launched. Aside from the two funds above, Dymon Asia also runs a China

Absolute return The absolute return or simply return is a measure of the gain or loss on an investment portfolio expressed as a percentage of invested capital. The adjective "absolute" is used to stress the distinction with the relative return measures (often u ...

Bond fund A bond fund or debt fund is a fund that invests in bonds, or other debt securities. Bond funds can be contrasted with stock funds and money funds. Bond funds typically pay periodic dividends that include interest payments on the fund's underlyi ...

and the Jadea Segregated Portfolio, a Greater China-focused long-short equity fund.

Dymon Asia Private Equity

In 2012, Dymon Asia Private Equity was founded as the

Private Equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

arm of Dymon Asia. It is focused on making investments in

SME ''Sme'' (stylized as ''SME'') or ''Denník Sme'' () is one of the widely-read mainstream broadsheets in Slovakia. Its website is one of the most-visited internet portals in Slovakia. Ownership status In June 2016, the Antimonopoly Office appro ...

companies in Southeast Asia.

Dymon Asia Ventures

In 2015, Dymon Asia Ventures was launched as the

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

arm of Dymon Asia and raised US$50 million in 2017 to invest in

fintech Financial technology (abbreviated as fintech) refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, ...

companies. In 2020, Dymon Asia Ventures was spun-off as a separate company to form Integra Partners. Notable investments include Capital Match and

QxBranch QxBranch, Inc. (QxBranch) is a data analysis and quantum computing software company, based in Washington, D.C. The company provides data analytics services and research and development for quantum computing technology. On July 11, 2019, QxBranch a ...

References

External links

Official website

Private Equity website
{{DEFAULTSORT:Dymon Asia Investment management companies of Singapore Hedge fund firms in Singapore Financial services companies established in 2008 2008 establishments in Singapore Private equity firms of Singapore