Reuters – Carl Huttenlocher, former Asia head of JPMorgan Chase & Co’s Highbridge Capital, has delayed the September 1 launch of his hedge fund Myriad because of a regulatory review by the Hong Kong’s Securities and Futures Commission, according to the Wall Street Journal.
The regulator “is exploring allegations that Carl Huttenlocher, who left the bank’s Highbridge Capital Management earlier this year, or others working for his fund improperly valued illiquid assets among other actions during the height of the financial crisis and its aftermath,” the report said citing unnamed sources.
