Ten Cap's Jun Bei Liu on her extraordinary move from Tribeca
Jun Bei Liu made waves by leaving Tribeca after 20 years — taking the Alpha Plus fund with her. She shares why she made the move and what’s next for Ten Cap.
Jun Bei Liu’s decision to leave Tribeca after 20 years to set up her own shop made headlines in the funds management world for many reasons.
Not only was a top-ranked fundie making a move, but she was also taking her fund with her — an almost unprecedented situation. Adding to the intrigue, her business partner in this new venture is also her life partner: Jason Todd, another high-profile figure in the industry.
Needless to say, the interest is intense. Liu’s response is characteristically pragmatic: there will be both good and bad coverage, but her job remains the same — to deliver performance. It’s what she has done since taking over the $1.5 billion Alpha Plus fund in 2019 and what she has continued to do under her own Ten Cap banner over the past three months.
“It was a very unusual outcome and extremely rare in funds management — so we are absolutely thrilled,” Liu told Capital Brief for our Past Performance series. A transcript of the interview appears below.
