Several new Asian hedge fund start-ups are launching in
either November or early December buoyed by improving
sen-timent and expectations of clearer market direction once
the US presidential elections have taken place.
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,...