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
Hong Kong-based Maso is spearheaded by two former managing
directors at Och-Ziff Capital Management,...