(Reuters) TPG-Axon Capital Management is shutting its office in Hong Kong, where it employs 10 people, and ending its presence in Tokyo in the coming months, according to a letter sent to investors that was seen by Reuters and a person familiar with the situation.
The stock-focused hedge fund firm, led by Dinakar Singh, has approximately 45 staff in total, spread between Hong Kong and New York, according to the person, who requested anonymity because the information is private. Of the staff, 15 are investment analysts or traders. No employees are based in Tokyo.
