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 Khurana.
The group...