BusinessWeek – An ex-Polygon Investment Partners LLP team led by Anthony Correa and Hani Abuali will start an Asia hedge fund as early as this month to trade securities affected by events such as mergers, said three people with knowledge of the plan. The fund, which will be run by Hong Kong-based Black’s Link Capital Ltd., aims to generate annualized after-fee returns in the mid- to high-teens by investing in Asia-Pacific markets including Australia and Japan, said the people, who declined to be identified as the information is private. It will start with money from both partners and outside investors and hopes to raise $250 million by the end of this year, the people said.
Ex-Polygon Team Said to Plan Asian Event Fund as Early as March
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