Several new Asian hedge fund start-ups are launching either
in November or in early December, buoyed by improving sentiment
and expectations of clearer market direction once the US
presidential elections are over.
These include Maso Capital's event-driven convertible bond
arbitrage fund; Tristar Capital's multi-strat vehicle; Arena
Capital's Japan focused long/short fund; and Red Cliff Asset
Management's macro fund.
Hong Kong-based Maso is spearheaded by two former managing
directors at Och-Ziff Capital Management, Manoj Jain and Sohit