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

Itochu To Take Over Itochu Techno Solutions (CTC (4739 JP)) Just As Growth Jumps

Quiddity Advisors

Event-Driven

<ul>
<li>In August, <a href="https://www.smartkarma.com/entities/itochu-corp" target="_blank" data-smartkarma-citation="entities:18448:1" rel="noopener">Itochu Corp (8001 JP)</a> launched a Tender offer on <a href="https://www.smartkarma.com/entities/itochu-techno-solutions-corp" target="_blank" data-smartkarma-citation="entities:2431:1" rel="noopener">Itochu Techno Solutions (4739 JP)</a> to buy out minorities. </li>
<li>That tender offer ended last week, with Itochu and the acquirer vehicle owning 85+%. </li>
<li>Interestingly, there are near-term flow events as a result. Worth watching.</li>
</ul>


In August, Itochu Corp (8001 JP) launched a Tender offer on Itochu Techno Solutions (4739 JP) to buy out minorities. 
That tender offer ended last week, with Itochu and the acquirer vehicle owning 85+%. 
Interestingly, there are near-term flow events as a result. Worth watching.


Itochu TOB on Itochu Techno Solutions - The Index Selldown Schedule for $700mm+ of Flows