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

Quiddity Advisors

Event-Driven

This is a small-cap Risk Arb situation. I think it relatively safe, but float is under $300mm. A respectable size is possible, but not huge.On the 7th of February after the close, <a href="https://www.smartkarma.com/entities/11858" target="_blank" data-smartkarma-citation="entities:11858:1">Toyo Seikan Group Holdings L (5901 JP)</a> announced that it intended to conduct a Tender Offer to buy out minorities of its 47.5%-owned subsidiary <a href="https://www.smartkarma.com/entities/15039" target="_blank" data-smartkarma-citation="entities:15039:1">Toyo Kohan Co Ltd (5453 JP)</a>, a company which mostly produces coated/plated/treated steel raw materials for use in other products (like sheet for cans, steel sheet, PC cases…

This is a small-cap Risk Arb situation. I think it relatively safe, but float is under $300mm. A respectable size is possible, but not huge.On the 7th of February after the close, Toyo Seikan Group Holdings L (5901 JP) announced that it intended to conduct a Tender Offer to buy out minorities of its 47.5%-owned subsidiary Toyo Kohan Co Ltd (5453 JP), a company which mostly produces coated/plated/treated steel raw materials for use in other products (like sheet for cans, steel sheet, PC cases…

Toyo Seikan To Take Out Toyo Kohan Minorities