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

Idemitsu/Showa Deal - Idemitsu Minorities Giving Up Value To Get Scale, Survivorship Bragging Rights

Last Week in Event SPACE: WorleyParsons, Clarion, Healthscope, Idemitsu/Showa, Intu, Mazda, Orion

Idemitsu Family Upping Stake (Still Doesn't Like a Showa Shell Deal)

Quiddity Advisors

Event-Driven

<p>Late last month, news emerged that the scion of the Idemitsu clan, Idemitsu Shosuke (and perhaps his second son Masamichi, who had worked at the company until resigning in the last weeks), had decided to drop his adamant opposition to a merger of <a href="https://www.smartkarma.com/entities/109" target="_blank" data-smartkarma-citation="entities:109:1">Idemitsu Kosan Co Ltd (5019 JP)</a> and <a href="https://www.smartkarma.com/entities/108" target="_blank" data-smartkarma-citation="entities:108:1">Showa Shell Sekiyu Kk (5002 JP)</a>. That meant that a 28% stake would no longer oppose a merger, theoretically. The articles in the local press in the last few days point out the agreement was between Idemitsu Masakazu…</p>

Late last month, news emerged that the scion of the Idemitsu clan, Idemitsu Shosuke (and perhaps his second son Masamichi, who had worked at the company until resigning in the last weeks), had decided to drop his adamant opposition to a merger of Idemitsu Kosan Co Ltd (5019 JP) and Showa Shell Sekiyu Kk (5002 JP). That meant that a 28% stake would no longer oppose a merger, theoretically. The articles in the local press in the last few days point out the agreement was between Idemitsu Masakazu…

Idemitsu and Showa Agree To Merge - Interesting Side Agreements, Own the I/SS Ratio