Launches & Closures

Three Arrows arb fund sets September launch


Two former Asian derivatives traders, Kyle Davies and Su Zhu, are launching in September a multi-asset fund focused on capacity-constrained strategies around the region.

The Three Arrows master feeder fund will start with around $15 million in seed money coming mostly from co-workers, several fund managers, and US based family offices. It will seek to grow to assets of $100 million in two to three years.

The fund will initially focus on Asian ETFs and the team will look to expand into other capacity-constrained strategies over the course of several years.

Davies will serve as chairman and chief