Santa Monica, CA (May 25, 2016) – Dalton Investments today said Tokyo-based Prestige International Inc. (4290:JP) has nominated Mr. Shiro Hayashi, CEO of Dalton Advisory KK, as a candidate for outside director membership on its Board. Dalton Advisory KK is the wholly owned Japanese subsidiary of Dalton Investment LLC. Read More>>
Dalton, with $2 billion under management, runs value-oriented hedge funds, and its principals have a reputation for investing in profitable contrarian situations—California apartment buildings after the savings-and-loan crisis, Shanghai real estate after SARS, and distressed mortgages. Now they are backing a fund investing in apartments in hard-hit markets such as Las Vegas. "In chemistry terms, Jamie [Rosenwald] is the activation energy," says a fund manager who asked not to be named. "When a reaction should happen, he's the catalyst." Read More> >
Santa Monica, CA (October 30, 2012) – Dalton Investments® today said that it was named Management Firm of the Year at the 2012 AsiaHedge Awards, held in Hong Kong on October 25.
The AsiaHedge Awards recognize the best risk-adjusted returns over a 12-month period and the Management Firm of the Year award is given to the top firm managing two or more funds with combined assets of over $400 million. AsiaHedge, a leading database, news and analysis provider focused on Asia-Pacific hedge funds, is published by HedgeFund Intelligence, the largest provider of hedge fund news and data in the world. Read More> >