Bloomberg – Sanjiv Bhatia, a former head of Goldman Sachs Group Inc.’s Asia equity trading desk, plans to start a hedge fund to trade securities of Asian companies whose valuations are affected by mergers, reorganizations and changes in structure.
Bhatia, who most recently ran the Asian investments of Deephaven Capital Management LLC, may start the fund on Dec. 1, he said in an interview Oct. 8, declining to give a fundraising size. It will seek annual returns in excess of 15 percent.