Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<div style="text-align: left;" class="content-caption"><em>This is a small-cap Risk Arb situation. I think it relatively safe, but float is well under $100mm and it will become illiquid shortly. It is for small-cap arbs or people who can do small trades on the side.</em></div><p>On the 7th of February after the close, <a href="https://www.smartkarma.com/entities/18073" target="_blank" data-smartkarma-citation="entities:18073:1">Air Water Inc (4088 JP)</a><a href="http://www.awi.co.jp/common/uploads/2018/02/83eeeb9a036d43aec3e50a7540ac6d4e.pdf" target="_blank">announced</a> it would launch a Tender Offer to buy out minorities of its 47.0%-owned subsidiary <a href="https://www.smartkarma.com/entities/7948" target="_blank" data-smartkarma-citation="entities:7948:1">Kawasaki Kasei Chemicals Ltd (4117 JP)</a>, a company which produces chemicals for the dye and pigment industries and for pesticides. Air…</p>

This is a small-cap Risk Arb situation. I think it relatively safe, but float is well under $100mm and it will become illiquid shortly. It is for small-cap arbs or people who can do small trades on the side.On the 7th of February after the close, Air Water Inc (4088 JP)announced it would launch a Tender Offer to buy out minorities of its 47.0%-owned subsidiary Kawasaki Kasei Chemicals Ltd (4117 JP), a company which produces chemicals for the dye and pigment industries and for pesticides. Air…

Air Water To Take The Rest of Kawasaki Kasei Chem