Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Fuji Soft (9749) Reiterates Support for KKR Tender#1, Recos Shareholders Wait, Ignores Nozawa Letter

FujiSoft (9749) - Somewhat Inexplicable Renewed Opinion of Fairness on KKR Tender

Fuji Soft (9749) - Possible Issues with New KKR Amended Terms

Fuji Soft (9749) - As Bain Prepares to Go Higher, KKR Goes Lower

Quiddity Advisors

Event-Driven

<ul>
<li>As they had announced was their intention, Bain has <strong><a href="https://www.baincapital.co.jp/sites/default/files/2024-10/BC_PR11102024.pdf" target="_blank" rel="noopener">made a binding offer</a></strong> for <a href="https://www.smartkarma.com/entities/fuji-soft-inc" target="_blank" data-smartkarma-citation="entities:17504:1" rel="noopener">Fuji Soft Inc (9749 JP)</a>, bidding ¥9,450 against KKR's ¥8,800. They aim to launch late October.  </li>
<li>There is no minimum and no maximum. The Founding Nozawa family had thrown their lot in with Bain not KKR and that 18.5% is tied up. </li>
<li>There are conditions, and those are ALL-important. And I expect we see in the next week or so how coercive KKR's "non-coercive" scheme change was. I've got 🍿🍿🍿.</li>
</ul>


As they had announced was their intention, Bain has made a binding offer for Fuji Soft Inc (9749 JP), bidding ¥9,450 against KKR's ¥8,800. They aim to launch late October.  
There is no minimum and no maximum. The Founding Nozawa family had thrown their lot in with Bain not KKR and that 18.5% is tied up. 
There are conditions, and those are ALL-important. And I expect we see in the next week or so how coercive KKR's "non-coercive" scheme change was. I've got 🍿🍿🍿.


Bain Bids Bigger, Goes Hard on Fuji Soft (9749); I've Got 🍿🍿🍿