Hong Kong Regulators Clear Hedge Fund Founder

WSJ – Carl Huttenlocher, the former Asia head of hedge fund Highbridge Capital Management, said Monday he can now launch a vehicle planning to raise up to US$2 billion next year following the all-clear from regulators following allegations of improper valuations at Highbridge.

Mr. Huttenlocher received the license to launch Myriad Asset Management from December 1 on Friday, three months later than originally planned.

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