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

Shinsei Bank (8303): Parsing Murakami-San's Bet

SBI To Apply for Bank Holding Company License Within Year And Squeeze Out Shinsei Minorities

SBI Tender on Shinsei Successful. Goes to 47.77%. The BIG Question Is... Who Owns The Float?

Shinsei TOB: A Complicated Game of 🐓 Nobody Has Thought About?

Shinsei TOB & Poison Pill - Murakami-San's Presence Makes Things Complicated, But in a FUN 🦄 Way

Shinsei Drops Opposition to SBI TOB; A Fascinating Post-Tender Game of 🐔

Gravity Works As WeWork Doesn't; Now Plan B

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/shinsei-bank-ltd" target="_blank" data-smartkarma-citation="entities:16897:1" rel="noopener">Shinsei Bank (8303 JP)</a> has now basically given up against the fierce opposition of SBI and the fact that its Poison Pill wasn't going to do more than delay things.</li>
<li>Shinsei Bank COULD HAVE said it would cancel the Poison Pill but still opposed the TOB because of the low price and coercive nature. It went neutral instead.</li>
<li>Now it is ARB vs FUTURE SQUEEZE. And the question is... Will Murakami-san? Or won't he? Whichever way you think, there is a decent little arb here.</li>
</ul>



Shinsei Bank (8303 JP) has now basically given up against the fierce opposition of SBI and the fact that its Poison Pill wasn't going to do more than delay things.
Shinsei Bank COULD HAVE said it would cancel the Poison Pill but still opposed the TOB because of the low price and coercive nature. It went neutral instead.
Now it is ARB vs FUTURE SQUEEZE. And the question is... Will Murakami-san? Or won't he? Whichever way you think, there is a decent little arb here.


Shinsei Bank (8303): Does Murakami-San...? Or Doesn't He? That Is The Question.

SBI Shinsei Bank

Shinsei Bank (8303): Does Murakami-San...? Or Doesn't He? That Is The Question.