Chuck Sun, former Soros Fund Management member, leads Andon's U.S. hedge fund strategy expansion.

From Quiver Quantitative: 2025-06-24 01:32:00

Andon Hong Kong expands with the opening of a New York office led by Chuck Sun, former Soros Fund Management member, focusing on hedge fund selection and private-market connections. The move aligns with Asian family offices increasing U.S. allocations for diversified portfolios. Andon aims to scale U.S. hedge fund allocations and enhance return potential through deeper private-market connections. The firm’s 2024 annual report shows private equity at 11.7% of the portfolio, hedge funds at 1.6%, and founder Liu Yi holding about 23% of Andon Health valued at $546 million. The expansion reflects a trend of Asian family offices moving towards Western alternative assets for investment strategies.



Read more at Quiver Quantitative: Ex-Soros Picker Chuck Sun Drives Andon’s U.S. Hedge Fund Strategy