Bloomberg – Frederic Eechaute, a former senior analyst at DKR Oasis Management Co. LP, will start a Japan- focused equity hedge fund that trades stocks using its own analyst database.
Eechaute, who will split his time between Tokyo and Sydney, along with Stephen Good, who formerly worked in the Japanese equity sales department at Mizuho Securities Co., set up Instinct Capital in June to run the new fund that may open as early as September. The fund will employ a so-called long-short strategy, betting on rising and falling stocks, and have a maximum capacity of 30 billion yen ($319 million).