Two Chinus Managers Receive Eurekahedge Asian Hedge Fund Awards for 2020

We are pleased to pass on that two Chinus managers won Eurekahedge Asian Hedge Fund Awards for 2020.  Brilliance won the Best Asian Billion Dollar Hedge Fund award, and IvyRock won the Best Greater China Hedge Fund award after generating an 84% gain for the year.  

In addition, Springs China, the third of four Chinus managers, was awarded the prestigious "10-Year Outstanding Private Fund Firm" in China at the 11th Golden Sunshine Awards in August. We have long claimed that our managers are the best investors in China.  Our claims are now backed up by industry recognition.

Brilliance is an excellent example of our value proposition.  We were an early investor with Brilliance at the beginning of 2017 when their fund had $250 million in assets.  We were impressed by their brain power, passion, and level of due diligence that they conducted on investment candidates.  When evaluating a windfarm operator, for example, an analyst cross-checked data from government wind stations across the country to validate wind generation revenue.   This focus has enabled Brilliance to generate a 397% return since inception, more than 5x the 76% return of the MSCI China index.

Brilliance recently surpassed $1 billion in assets under management and closed the fund to outside investors.  It is one of several managers across our funds that no longer take in new investors.  In effect, our funds provide access to many of the leading hedge funds in Asia that are otherwise inaccessible.