HFA fund closes

29 June 2006
| By Sara Rich |

HFA Holdings’ latest investment offering, the HFA Octane Asia Fund, has closed after more than doubling its subscription target.

Since opening in April, the fund has raised more than $270 million from investors, providing a total investment pool for unitholders of $390 million.

The fund is a capital-protected, leveraged absolute return fund and is managed by HFA Asset Management.

Its success brings HFA’s total funds under management to about $1.55 billion and assets under management to $2.61 billion.

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