GCI Asset Management has been managing fund of hedge funds for nearly a decade. The geographic focus of GCI’s current investments is predominantly in Asia, with some limited exposure in emerging markets. At this time, it is seeking new investment candidates, specifically Asian-based funds from a diverse range of hedge fund strategies, such as CTA, macro, long/short equity, and multi-strategy. It will likely award between USD 1-2 million to each hedge fund manager. NLI International is a wholly-owned subsidiary of Nippon Life Insurance, one of Japan’s biggest insurance companies. With over USD 1 billion invested in hedge funds, NLI International is one of the largest Asian investors in the asset class. At present, NLI International is focusing on long/short equity, global macro, emerging markets and event driven strategies. It expects to make between 5-10 new hedge fund investments by year’s end.