Asia 25 - Firm Summary

Asia 25 - Subsidiaries/Funds

The firm’s location, single-manager hedge fund assets under management and subsidiary and fund information appears below.

Rank		Firm Name	Location	Firm Capital ($Millions)
2007	2006
1	1	Sparx Group Co.	Tokyo, Japan	6,651

Subsidiary Firm Name			Location	Fund Capital ($Million)

Cosmo Investment Mgmt Co.			Seoul, South Korea	487
PMA Capital Mgmt			Central Hong Kong	1,956

Fund Name			Style	Fund Capital ($Million)	Return Net of Fees (%)
					2006	2007
Japan Long-Short Strategy			Long-short equity	2,294	-1.02	-1.72
Japan Value Creation Investment Strategy			Concentrated corporate governance	1,388	-9.57	-2.06
Asia Ex-Japan Multi-Strategy			Multistrategy	787
Japan Strategic Investment Strategy			Long-only equity	526
Asia Ex-Japan Equity L/S Strategy			Long-short equity	506
Asia Ex-Japan Credit Strategy			Credit	501
Korea Long Short Strategy			Long-short equity	338	3.3	7.45
Europe Credit Strategy			Credit	154
Korea Strategic Investment Strategy			Concentrated long-only	149