Blue Pool Capital, which invests billions of dollars for wealthy clients including two top Alibaba Group Holding Ltd. executives, is in advanced talks to back a new hedge fund that’s being planned by a former Asia head of Balyasny Asset Management, according to people with knowledge of the matter.
Alibaba founders-back firm said to mull seeding hedge fund
Jack Ma, Alibaba founder and chairman. Photo: REUTERS/Fabian Bimmer
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