It has been learned that Hong Kong hedge fund Pamalican Asset Management has recently moved out of a high-rent office building, with the adjustment of its office location seen as a response to operational cost pressures. According to land registry documents, the company, led by former Goldman Sachs executive Jamie Goodman, terminated its lease at The Henderson office building in March of this year. The three-year lease was originally set to run until July 2027 and included a renewal option. Another filing indicates that Pamalican has relocated to a suite in the Duke of Wellington Building in Central. Goodman founded this hedge fund management company in 2024, with its headquarters established in Hong Kong, China. It once received a $500 million investment from Millennium Management, becoming one of the most high-profile hedge fund startups of the year. However, in April 2025, eight months after Pamalican began trading, Millennium decided to withdraw its investment, after which Pamalican had to raise capital from other investors. It is understood that The Henderson is a premium Grade A commercial project located in Central under HENDERSON LAND (00012). In 2025, its occupancy rate reached a record high of 95%, attracting numerous multinational corporations and financial institutions, including global alternative investment firm Point72, secondary market private asset investment company Coller Capital, private equity firm General Atlantic, hedge fund firm Aeonea, investment management company Cohen & Steers, high-end watchmaker Audemars Piguet, and art and luxury auction house Christie's. A spokesperson for HENDERSON LAND stated that The Henderson continues to experience strong demand. Goodman declined to comment.