Former Kadensa Capital portfolio manager Kyle Su has launched a new hedge fund named Kuark Capital with a target corpus of $400 million.
According to reports, the Hong Kong-based fund will focus on technology and artificial intelligence companies across Asia, with a particular emphasis on markets such as Taiwan and Japan.
Kuark Capital plans to follow a long-short investment strategy, allowing it to take both bullish and bearish positions in listed companies while maintaining relatively low overall market exposure.
The fund has also appointed Hiro Ikeda, former executive at Optimas Capital, as Director of Research.
Kuark Capital aims to identify publicly listed companies that are expected to benefit from rising AI adoption and increasing investments in semiconductor infrastructure across Asia.
The launch comes amid growing investor interest in AI-driven investment themes, particularly in sectors linked to chips, data infrastructure, automation, and enterprise software.
Kyle Su previously worked at Kadensa Capital, a hedge fund known for its technology-focused investments across Asian markets. With Kuark Capital, he plans to build a specialised investment platform targeting opportunities emerging from the rapid growth of AI and semiconductor ecosystems in the region.
The development also reflects broader global investor optimism around AI infrastructure spending, as semiconductor manufacturing and advanced computing continue to attract significant capital inflows worldwide.
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