Segantii Hedge Fund Reopens in Bid to Boost Assets to $7 Billion

Simon Sadler’s Segantii Capital Management Ltd. has reopened its equities-focused hedge fund and added staff in a bid to boost assets to $7 billion, said people with knowledge of the matter.

The $5.9 billion Segantii Asia-Pacific Equity Multistrategy Fund had been closed for more than a year, said one of the people, who asked not to be identified as the information is private. Segantii is trying to take advantage of excessive market bearishness and reduced competition, the person said.

The February reopening is the fund’s sixth in its more than 15-year history. Chief Investment Officer Sadler started the fund ...