Gate News message, April 15 — Singapore-based quantitative hedge fund Meridian & Saturn Capital (MS Capital) announced it has secured a $1 billion dedicated investment mandate to trade Chinese equities, with the funds primarily sourced from a Middle Eastern sovereign wealth fund. The agreement includes provisions for additional capital injections if MS Capital meets preset performance benchmarks.
The mandate represents one of the largest allocations to date from Middle Eastern sovereign funds into Chinese quantitative strategies, reflecting growing interest as regional volatility rises and AI-driven tools enhance performance. MS Capital, which manages approximately $1.5 billion in assets including an initial $500 million from Middle Eastern clients, is in talks with other regional funds and plans to open offices in Abu Dhabi, Hong Kong, and the U.S.
MS Capital is controlled by Jude Zhu, who holds an MBA from the University of Chicago and founded Shanghai-based Meridian Global Inc. in 2013. Meridian Global manages around 7 billion yuan ($1 billion) domestically. Zhu’s fintech firm Leap Technologies provides T+0 trading algorithms designed to capture intraday price movements; CEO Kate Zhang noted the AI-driven system has generated annualized returns exceeding 10% for clients’ equity holdings.
MS Capital’s market-neutral strategy returned 10.3% in 2025 and 6.2% through February 28, 2026, compared to an estimated 18% gain for China’s CSI 300 benchmark in 2025. Zhang highlighted surging global investor interest, with the firm delivering five presentations at a Morgan Stanley conference in the Middle East in February—far exceeding the one or two sessions typical for other large managers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tesla Invests $2B in SpaceX Ahead of Expected Mid-2026 IPO
Gate News message, April 23 — Tesla confirmed a $2 billion equity investment in SpaceX on April 22, as disclosed in its Q1 2026 earnings filing. The company's stock held near $387 at the time of writing, with gains of 6% over the past 7 days and 5.31% over the past 30 days.
The $2 billion funding o
GateNewsJust Now
Tesla Q1 Earnings Beat Expectations, Stock Rallies Then Retreats; Four Whale Addresses Enter Million-Dollar TSLA Positions on Hyperliquid
Gate News message, April 23 — Tesla released stronger-than-expected Q1 results on April 23, with revenue growth reaching a three-year high and profits exceeding market forecasts, initially driving the stock higher. However, subsequent comments from CEO Elon Musk and CFO regarding 2026 capital
GateNews35m ago
《Naval Handbook》— Naval launches the AI fund USVC, allowing retail investors to invest in OpenAI and Anthropic before listing
Silicon Valley’s well-known investor Naval’s AngelList recently launched a new fund called USVC, positioning it as a way for everyday investors to indirectly participate in hot private tech companies such as OpenAI, Anthropic, xAI, Vercel, Crusoe, Sierra, and Legora with a minimum threshold of just $500.
The official messaging frames it as “investing in building future companies before it all becomes obvious,” and emphasizes that it’s a fund open to all investors that does not require accredited investor status. It aims to transform venture capital assets that previously were only accessible to the wealthy and insiders into a product that retail investors can also reach.
Invest with $500 to invest in early AI companies
USVC’s core narrative is straightforward: as more and more star startups choose to stay in the private market for longer periods, the truly explosive valuation growth often happens in I
ChainNewsAbmedia37m ago
Tesla to Acquire AI Hardware Company for Up to $2 Billion
Gate News message, April 23 — Tesla announced on April 23 that it has agreed to acquire an artificial intelligence hardware company for up to $2 billion in Tesla common stock and equity awards.
Approximately $1.8 billion
GateNews40m ago
Bunq Surpasses €100 Million in Crypto Trading, Launches Stock Baskets Feature
Gate News message, April 23 — Bunq, a European neobank, has surpassed €100 million in crypto trading volume within the first year of launching its digital asset offering in April 2025, across approximately 500,000 trades. The platform recorded a 41% increase in total signups in 2026, reflecting
GateNews49m ago
Aethir Secures $260M Enterprise AI Infrastructure Contract via Axe Compute, Powers 2,304 NVIDIA B300 GPUs
Gate News message, April 23 — Aethir, a decentralized GPU cloud infrastructure provider, has secured a major enterprise contract through Axe Compute Inc. (NASDAQ: AGPU), a Nasdaq-listed company. The 36-month agreement is valued at approximately $260 million and marks Axe Compute's largest single ent
GateNews58m ago
