Strauss-Kahn to start his own investment fund

(Strauss-Kahn)

Former International Monetary Fund chief Dominique Strauss-Kahn is opening his own investment fund, and is currently on a trip to China to raise capital for the hedge fund from institutional investors and wealthy individuals.

According to the media in France, Strauss-Kahn needs to raise EUR 1.4 billion in initial capital for his DSK Global Investment fund that will focus on macroeconomy.

Strauss-Kahn will manage the fund with his daughter and economist, Vanessa Strauss-Kahn.

Dominique Strauss-Kahn (65) was the French Minister of Economy and Finance (1997-1999) and a potential presidential candidate of the socialists of France.

He was also an adviser to Serbian Deputy Prime Minister Aleksandar Vucic.