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

Outsourcing (2427) - Earnings Delay Causes Consternation

Outsourcing (2427) MBO Situation - Checking, and Thinking, and Noodling, and Speculating

Outsourcing (2427 JP) - Earnings Out, With a Bigger Impairment, But Not Clearly A MAC

Bain Deal for Outsourcing (2427): Cheeky, Opportunistic, Too Low

Quiddity Advisors

Event-Driven

<ul>
<li>On 31 January 2024, <a href="https://www.smartkarma.com/entities/outsourcing-inc" target="_blank" data-smartkarma-citation="entities:7431:1" rel="noopener">Outsourcing Inc (2427 JP)</a> put out a notice to the Exchange regarding progress towards Execution of the Tender Offer by Bain.</li>
<li>All preconditions for the commencement of the Tender Offer except for the acquisition of clearance of EU Regulations on foreign subsidies affecting the EU market. </li>
<li>This process appears to be "as expected" given Outsourcing's multinational presence and the new Foreign Subsidies Regulation which went into effect in the EU 28 weeks ago.</li>
</ul>


On 31 January 2024, Outsourcing Inc (2427 JP) put out a notice to the Exchange regarding progress towards Execution of the Tender Offer by Bain.
All preconditions for the commencement of the Tender Offer except for the acquisition of clearance of EU Regulations on foreign subsidies affecting the EU market. 
This process appears to be "as expected" given Outsourcing's multinational presence and the new Foreign Subsidies Regulation which went into effect in the EU 28 weeks ago.


Outsourcing (2427) MBO Start Delayed A Month - Large Float So Eminently Bumpable But...