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

[Japan CorpGov] TSE "Mgmt Conscious" Reports (Feb26) - Disappointing Case Studies, Weak Study Group

[Japan M&A/Activism] Toyota RE Says No Bump for Toyota Inds (6201) Part III - Elliott Makes Its Case

[Japan M&A/Activism] Toyota RE Deal for Toyota Industries (6201 JP) Last Looks

[Japan M&A] ARCHION (Hino+MFTBC) Merger Incoming; Still a Re-IPO, Still Rich

[Japan M&A] Toyota RE Deal for Toyota Inds (6201) Part I; Offensive Process, Light Deal, Bun Fight?

[Japan M&A] Toyota Inds (6201) - Process ALWAYS Bad, Price Bad To Worse; Easily Worth ¥20k+

Quiddity Advisors

Event-Driven

<ul>
<li>When Toyota Fudosan came out with their Tender Offer announcement, I wrote <a href="https://www.smartkarma.com/insights/japan-m-a-toyota-re-deal-for-toyota-inds-6201-part-i-offensive-process-light-deal-bun-fight" target="_blank" data-smartkarma-citation="insights:217391" rel="noopener">[Japan M&amp;A] Toyota RE Deal for Toyota Inds (6201) Part I; Offensive Process, Light Deal, Bun Fight?</a> </li>
<li>I intended to write a Part II to address the valuation arguments in the TICO and Bidder docs. I didn't bother, but worked on other aspects. </li>
<li>Elliott released a letter on the 18th, and yesterday AM released a 50+ page presentation. It's compelling. The math is similar to mine above. More new news last night. Fun!</li>
</ul>


When Toyota Fudosan came out with their Tender Offer announcement, I wrote [Japan M&amp;A] Toyota RE Deal for Toyota Inds (6201) Part I; Offensive Process, Light Deal, Bun Fight? 
I intended to write a Part II to address the valuation arguments in the TICO and Bidder docs. I didn't bother, but worked on other aspects. 
Elliott released a letter on the 18th, and yesterday AM released a 50+ page presentation. It's compelling. The math is similar to mine above. More new news last night. Fun!


[Japan M&A/Activism] Toyota RE Deal for Toyota Inds (6201) Part II: Trading Through, Buns at Dawn