Bloomberg – Gerald Kok, a former fund manager at Macquarie Group Ltd. (MQG), plans to start a hedge fund that invests in Asian and U.S. companies going through corporate events such as mergers and divestments.
GSK Global Fund will focus on companies that have share prices at a significant discount to their fair value, said Kok, who runs the Singapore-based fund-management company G&S Asset Management Pte with business partner Susan Xiao. Xiao also plans to start a different fund later in the year, Kok said. Both funds will have a combined $10 million of assets under management, he said, declining to elaborate.
