Kyle Su’s Kuark Capital launches $400 million Asia tech-focused hedge fund

A Hong Kong-based fund manager is launching a new hedge fund to tap rising investor interest in Asian artificial intelligence stocks, with a focus on Taiwan and Japan, three sources familiar with the matter said.

Kuark Capital, led by Taiwanese Kyle ‌Su, has secured ⁠at least $400 ⁠million before launching the hedge fund, said one of the three sources, all of whom declined to be named as they were not authorised to speak to the media.