Business Week – Tiresias Capital Ltd., a Cayman- based hedge-fund manager overseeing $560 million, plans to start its first Asian fund this quarter to take advantage of an expected increase in mergers and acquisitions in the region.
The “event-driven” fund will begin investment with $50 million of capital from Tiresias, said its manager Matthew Moskey, ex-Hong Kong head of London-based Centaurus Capital Ltd. Tiresias plans to open the fund to outside investors later.
