Hedge Fund Kamunting Changing to Family Office, Teh Says
This article is for subscribers only.
Hedge fund Kamunting Street Capital Management is returning outside capital and will convert to a family office, founder Allan Teh said by phone today.
Kamunting, also known as K-Street, decided to hand back remaining client money after one of its largest investors redeemed as of March 31, Teh said. He started Greenwich, Connecticut-based Kamunting in 2004 and the firm oversaw $982 million in regulatory assets as of Dec. 31.