BusinessWeek – York Capital Management LLC., which manages $13 billion, may double its staff in Asia as the market for funds trading securities affected by corporate changes such as mergers, reorganization and spinoffs in the region is set to eclipse its European peer in the coming decade.
The New York-based hedge fund company founded by Jamie Dinan may expand its now seven-people Hong Kong office to the size of its London counterpart over the next two years, said Christophe Aurand, chief investment officer of York’s international operations, including Europe and Asia. York’s European business employs about 15 people.
