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

<ul>
<li>Today, <a href="https://www.smartkarma.com/entities/air-water-inc" target="_blank" data-smartkarma-citation="entities:18073:1" rel="noopener">Air Water Inc (4088 JP)</a> and <a href="https://www.smartkarma.com/entities/ci-medical-co-ltd" target="_blank" data-smartkarma-citation="entities:26170:1" rel="noopener">Ci Medical (3540 JP)</a> announced that the CEO and Air Water who together own 85% would be taking over the company. </li>
<li>That's nice. That means it's a done deal and nobody can do anything about it. Complain all you want, it's done. </li>
<li>Helpfully, the Board did its job (as did Shimizu-san - he's selling most of his stake). This is not badly-priced for an ultimately coercive deal.  </li>
</ul>


Today, Air Water Inc (4088 JP) and Ci Medical (3540 JP) announced that the CEO and Air Water who together own 85% would be taking over the company. 
That's nice. That means it's a done deal and nobody can do anything about it. Complain all you want, it's done. 
Helpfully, the Board did its job (as did Shimizu-san - he's selling most of his stake). This is not badly-priced for an ultimately coercive deal.  


[Japan M&A] Air Water Takes over C.I. Medical (3540) - Done Deal, Not Bad