The latest in funds and investments across Asia-Pacific.

OP Investment Management
OP Investment Management, Asian hedge fund platform, is partnering with Hong Kong-based financial services business L Squared Management, to launch Long-Term Leader Fund ISP. 

The fund is Cayman-domiciled for professional investors only, the firms said in a statement.

Liyang Lu, the fund manager and founder of L Squared Management, will deploy a long-short strategy focusing on companies with China exposure. 

Lu was previously assistant vice president at Sanford C. Bernstein's Hong Kong Office, where he was responsible for research Asian insurance and Chinese consumer finance companies.