Instinct revs up assets to $100 million and plans Tokyo office


Sydney-based Instinct Capital's Japan Opportunity Fund has seen its AUM rise to just under $100 million, up from a modest $10 million at inception in December 2009. This Japanese equity event-driven long/short strategy has brought in impressive performance - 28.97% since launch - and is attracting investors strongly.

Fred Eechaute

The Cayman Islands-domiciled fund, which is to soft-close at $200 million by year-end, is market-neutral, focusing on special situations, fundamental catalysts, tactical trading, capital raising and convertible bond arbitrage/volatility. Its investor base includes funds of hedge funds in Japan, Australia and Europe, and also high