Pilgrim Partners Asia In The News: Value investor seeks good businesses at good prices

Bad investments might seem like a taboo topic for someone who manages funds, but Mr Brian Tan has a cautionary tale to share.

He says knowledge is a good investment, referring to his MBA from the University of Western Australia. It was less true of his PhD, which he attempted twice at French business school Edhec but could not complete. It cost $60,000, he said.

Mr Tan, now 33, joined Pilgrim Partners Asia founder Albert Ee and was invited to be a partner to set up the family office practice. Pilgrim Partners Asia first started a macro hedge fund in May 2010.