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>
<a href="https://www.smartkarma.com/entities/diamond-dining-co-ltd" target="_blank" data-smartkarma-citation="entities:1439:1" rel="noopener">Diamond Dining (3073 JP)</a> (DD Group) head Matsumura-san appears to be getting out in this Polaris MBO for the dining group. </li>
<li>The premium is low, and the the price is probably light, but there are a couple of small things which mean it isn't quite as light as it might look. </li>
<li>But the company prints cash, so yeah, it's light. This should probably be a bit better, but F&amp;B is a fickle business. </li>
</ul>



Diamond Dining (3073 JP) (DD Group) head Matsumura-san appears to be getting out in this Polaris MBO for the dining group. 
The premium is low, and the the price is probably light, but there are a couple of small things which mean it isn't quite as light as it might look. 
But the company prints cash, so yeah, it's light. This should probably be a bit better, but F&amp;B is a fickle business. 


[Japan M&A] Polaris MBO for DD Group (3073) - Too Light But Probably a Done Deal