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

Understanding Softbank's Buyback - A Possible Less Obvious Angle

Equity Bottom-Up

It has been a very active 12 hours in the world of <a href="https://www.smartkarma.com/entities/315" target="_blank" data-smartkarma-citation="entities:315">Softbank Group</a>  as two very significant news events have hit the tape.<ol>
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Softbank <a href="http://www.softbank.jp/en/corp/set/data/news/press/sb/2016/20160621_01/pdf/20160621_01.pdf" target="_blank">announced</a> it would sell its 72.2% (measured on a fully-diluted basis) in game subsidiary Supercell Oy at a valuation of US$10.2bn to <a href="https://www.smartkarma.com/entities/26" target="_blank" data-smartkarma-citation="entities:26">Tencent Holdings Ltd</a>. Consideration is expected to be US$7.3bn PLUS there is an additional US$400 million of dividends to be paid out by Supercell Oy prior to the closing of the sale - total inflow is expected to be US$7.7bn.
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Nikesh Arora…</li>
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It has been a very active 12 hours in the world of Softbank Group  as two very significant news events have hit the tape.

Softbank announced it would sell its 72.2% (measured on a fully-diluted basis) in game subsidiary Supercell Oy at a valuation of US$10.2bn to Tencent Holdings Ltd. Consideration is expected to be US$7.3bn PLUS there is an additional US$400 million of dividends to be paid out by Supercell Oy prior to the closing of the sale - total inflow is expected to be US$7.7bn.


Nikesh Arora…


Softbank: More Money In, Nikesh Arora Out