{
  "id": 11150176,
  "title": "Former GIC trader targets $300m for new commodity-focused fund launch",
  "url": "https://urgent.news/2026/10/01/former-gic-trader-targets-300m-for-new-commodity-focused-fund-launch",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T08:55:00.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://hedgeweek.com/news/former-gic-trader-targets-300m-for-new-commodity-focused-fund-launch"
  },
  "original_language": "en",
  "account": null,
  "summary": "Former GIC trader Hao Dong is set to launch Windrise Capital, a new commodity-focused hedge fund, with a target of raising between $200m and $300m, according to Bloomberg. The fund, which received in-principle approval from Singapore's Monetary Authority earlier this month, is scheduled to launch in the first quarter of 2027. Dong, who previously worked at Edesia Asset Management and Chinese investment firms, plans to utilize data on Chinese mines and factories to identify economic trends and guide investment decisions. Windrise will focus on commodities but will also trade currencies, bonds, and equities, with up to 30% of the portfolio potentially allocated to Chinese commodity futures.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}