About Luna Mare - Luna Mare Capital Limited. All rights reserved

About

Luna Mare

Luna Mare Capital is an equity long/short hedge fund which aims at generating uncorrelated returns for investors using low vol/low net strategy.

Luna Mare Capital Global Equity Long Short Fund is positioned to capture alpha opportunities in Japan, South Korea, India, US and Greater China, allocating to growth sectors such as overseas pharmaceuticals, technology, and consumer industries.

Investment Philosophy

Capture alpha opportunities from global market through uncorrelated portfolio

Global market exposure in Japan, South Korea, US, India and HK/China, hedge risk through country/sector allocations

Low vol low net strategy with a focus on fundamental equity long/short

Our investment philosophy is centered on capturing alpha opportunities across global markets through a disciplined, uncorrelated portfolio designed to deliver consistent, risk-adjusted returns. We focus on fundamental equity long/short strategies, maintaining a low-volatility, low-net approach to minimize downside risk while maximizing upside potential.

With targeted exposure to key markets—including Japan, South Korea, the United States, India, and Hong Kong/China—we seek to exploit inefficiencies and mispricings driven by macroeconomic trends, sector dynamics, and company-specific fundamentals. Our rigorous research process combines deep fundamental analysis with sophisticated risk management, enabling us to construct portfolios that are resilient across market cycles. By strategically allocating across countries and sectors, we effectively hedge risks while preserving flexibility to capitalize on high-conviction opportunities.

Our commitment to low volatility and low net exposure ensures that our portfolios are designed to perform consistently, even during periods of market turbulence. This disciplined approach, underpinned by a focus on uncorrelated returns and robust hedging strategies, positions us to deliver sustainable value to our investors while navigating the complexities of global markets.

Leadership

Victoria Yang

Founder and Chief Investment Officer

Ms. Victoria (Jing) Yang is Founder and Chief Investment Officer of Luna Mare Capital. She has over 15 years of experience in both buy-side and sell-side asset management.

Prior to Luna Mare Capital, Ms. Yang was a Hedge Fund Manager at Millennium Management with AUM of USD 75bn.

Previously she worked as Associate Director and managed equity long short strategy at Dymon Asia Capital which is the largest hedge fund in Asia, and worked as Portfolio Manager at Hinrich Foundation from 2017 to 2020. She also worked as an Equity Research Analyst at Goldman Sachs (Asia) and JP Morgan (Asia).

Ms. Yang received dual Bachelor degrees of Arts in International Economics and in English Language & Literature from Fudan University and a Master degree of Science in Global Finance from NYU Stern School of Business.