Treesdale launches emerging markets global macro hedge fund

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Treebrook global macro hedge fund will have an emerging markets focus

Treesdale Partners is launching a global macro fund that will focus primarily on interest rates and currencies.

The Treebrook Macro Fund started trading on September 12 with around $20 million in initial capital. The New York-based risk manager has hired veteran macro trader Yoon Chang, and former Barclays Capital foreign exchange trader Ashley Honey, to manage the fund.

Chang was previously a portfolio manager at Lily Pond Capital Management, a $500 million global macro hedge fund, where he

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