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 JP) - Bain Bids More, The Market Goes Even Higher

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

Fuji Soft (9749) - Much Better Governance Process But The Stock Has Run Too Far

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

Fujisoft Tender Offer for Listed Sub Cybernet (4312) - This Is Too Cheap

Quiddity Advisors

Event-Driven

<ul>
<li>KKR has announced its previously leaked takeover of <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>. Two activists with 30+% between them have agreed to tender at ¥8,800.  </li>
<li>Given what the founder, crossholders, and other arbs own, this gets done easily. Congrats on the win to the activists. </li>
<li>We will see more activism and more pressure on under-earning companies to go private to clean themselves up outside the public eye. Big opportunities for years.</li>
</ul>


KKR has announced its previously leaked takeover of Fuji Soft Inc (9749 JP). Two activists with 30+% between them have agreed to tender at ¥8,800.  
Given what the founder, crossholders, and other arbs own, this gets done easily. Congrats on the win to the activists. 
We will see more activism and more pressure on under-earning companies to go private to clean themselves up outside the public eye. Big opportunities for years.


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