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,...