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) - As Bain Prepares to Go Higher, KKR Goes Lower

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

Fuji Soft (9749 JP) - Bain Bids More, The Market Goes Even Higher

[JAPAN ACTIVISM] KKR Reportedly Plans Takeover of Fuji Soft (9749) - Relief from Activist Pressure

Fuji Soft (9749) - KKR Launches Early to Stymy Bain Who Has a Founding Family Tailwind

KKR ¥8,800 Takeover of Fuji Soft (9749) - Details and Arb Grid

Quiddity Advisors

Event-Driven

<ul>
<li>When Bain came out saying they would bid more, with preparation to launch in November, KKR launched early to see if they could get the jump, discussed <a href="https://www.smartkarma.com/insights/fuji-soft-9749-kkr-launches-early-to-stymy-bain-who-has-a-founding-family-tailwind" target="_blank" rel="noopener">here</a>.</li>
<li>The stock popped when the Bain's bid was obviously serious, and supported by the Founding Family, but it went to Bain's "5% higher" plus another 5%. I was bearish.</li>
<li>But I signalled willingness to change my mind if the stock price dropped. It has dropped. </li>
</ul>


When Bain came out saying they would bid more, with preparation to launch in November, KKR launched early to see if they could get the jump, discussed here.
The stock popped when the Bain's bid was obviously serious, and supported by the Founding Family, but it went to Bain's "5% higher" plus another 5%. I was bearish.
But I signalled willingness to change my mind if the stock price dropped. It has dropped. 


Fuji Soft Inc

Fuji Soft (9749) - Fuji Softer