NH Investment & Securities in push to bolster hedge fund business

[THE INVESTOR] NH Investment & Securities has carried out a reshuffle to strengthen its hedge fund division, the firm said on June 22.

With the reorganization, the number of subdivisions of the hedge fund division have been expanded from two to four.

Of the four, Hedge Fund Management 1 will be responsible for financial instruments for relatively short-term investment such as equities, future and stock options while Hedge Fund Management 2 will manage mezzanine and private equity funds. 

Meanwhile, NH Investment & Securities has applied to run the PEF business on the sidelines as the government allows brokerage firms to do so in order to encourage corporate takeovers and investment in venture start-ups.

By Park Han-na (hnpark@heraldcorp.com)