People Moves

Taconic Capital establishes its presence in Hong Kong

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New York-based Taconic Capital Advisors, a multi-strategy event-driven hedge fund manager which runs about $7 billion in assets, has established an office in Hong Kong with Anthony Correa, the co-founder of defunct former Polygon spin-out Black’s Link Capital, running the operation.

The firm has received its asset management licence from the city’s Securities and Futures Commission, and has found a home on the 18th floor of the LHT Tower in Hong Kong’s Central business district.

Michael Schwarz, Taconic’s New York-based head of merger arbitrage, is listed together with Correa as a responsible officer in the Hong Kong office.