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Dymon Asia hires ex-Eisler Capital MD for Hong Kong expansion

Created at 12 Aug · 12:31 PM1 source↑ Market-relevant
IN SHORT

Dymon Asia has hired James Meenan, formerly of Eisler Capital, to support its growth and expansion from Hong Kong. The multi-strategy hedge fund has seen strong returns in 2025, with its fund up nearly 15% year-to-date.

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Key Numbers

15%Dymon Asia fund year-to-date returns in 2025
1.6%Dymon Asia fund October return
14.8%Dymon Asia fund year-to-date returns
3 yearsMeenan's tenure at Eisler Capital
$3bnEisler Capital's managed assets at wind-down announcement
$4bnEisler Capital's managed assets previous year

Who's Involved

James Meenan
Former Eisler Capital MD hired by Dymon Asia
Dymon Asia
Singapore-based multi-strategy hedge fund
Eisler Capital
Hedge fund winding down operations

↳ Why This Matters

The hiring of a senior executive by Dymon Asia signals the firm's growth ambitions in a competitive hedge fund landscape, while the winding down of Eisler Capital highlights the challenges faced by smaller funds in the current market.

Key facts

  • Dymon Asia has hired James Meenan, former managing director at Eisler Capital.
  • Meenan will relocate to Hong Kong to support the firm's expansion.
  • Eisler Capital, where Meenan previously worked, is winding down operations.
  • Dymon Asia's multi-strategy fund has achieved nearly 15% returns year-to-date in 2025.
  • The fund gained 1.6% in October.

Dymon Asia, a multi-strategy hedge fund based in Singapore, has hired James Meenan, formerly a managing director at Eisler Capital, to bolster its growth and expansion efforts. Meenan, who spent three years in business development at Eisler before its impending closure, will relocate to Hong Kong to take on his new role.

Eisler Capital announced in September that it would cease operations due to rising costs and underperformance. The fund, established in 2015, managed just over $3 billion at the time of the announcement.

Dymon Asia's multi-strategy fund has reportedly returned nearly 15% year-to-date in 2025. The fund gained 1.6% in October, bringing its year-to-date performance to 14.8%, according to sources familiar with the matter.

Frequently asked questions

Dymon Asia is a Singapore-based multi-strategy hedge fund.

Eisler Capital is ceasing operations due to rising costs and weak performance.

The firm's multi-strategy fund has returned nearly 15% year-to-date in 2025, including a 1.6% gain in October.

What Happens Next

01Meenan is expected to start his new role later this month.

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How It Developed

Dymon Asia hired James Meenan, former managing director at Eisler Capital.
Meenan previously worked in business development at Eisler Capital for three years.
He will relocate from London to Hong Kong to support Dymon Asia's growth.
Eisler Capital announced in September it would wind down operations.
Dymon Asia's multi-strategy fund has returned nearly 15% year-to-date in 2025.
The fund gained 1.6% in October, bringing year-to-date returns to 14.8%.

Sources

T1
Dymon Asia hires former Eisler Capital MD in Europe pushFinancial News London
T2
Dymon Asia hires former Eisler Capital MD - Hedgeweekhedgeweek.com

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