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

Asatsu (9747) - Are Chances of a Counter Bid Being Underplayed?

Asatsu DK: Bain Capital Bids, WPP Complains, Arbitragers Bet on a Bump, But...

Asatsu DK: Chance of an Offer Hike Towards JPY4,000-4,100 Nearing 2006-2007 Highs

Asatsu (9747) - Bain Offers ¥3,660/Shr, WPP Objects

Quiddity Advisors

Event-Driven

<p>On October 2nd, <a href="https://www.smartkarma.com/entities/8715" target="_blank" data-smartkarma-citation="entities:8715:1">Asatsu Dk Inc (9747 JP)</a> (hereafter "ADK") announced it had decided to terminate its 19-year Alliance with <a href="https://www.smartkarma.com/entities/22213" target="_blank" data-smartkarma-citation="entities:22213:1">WPP PLC (WPP LN)</a> and had sent a termination letter; ADK also announced the cancellation of its dividend, a new corporate strategy, the hedging of what appears to be most or all of its position in WPP shares, that Bain Capital would launch a tender offer at ¥3,660/share to purchase 50.1% or more of ADK, and that the board of directors recommended the Bain Capital Tender Offer.</p><p>…</p>

On October 2nd, Asatsu Dk Inc (9747 JP) (hereafter "ADK") announced it had decided to terminate its 19-year Alliance with WPP PLC (WPP LN) and had sent a termination letter; ADK also announced the cancellation of its dividend, a new corporate strategy, the hedging of what appears to be most or all of its position in WPP shares, that Bain Capital would launch a tender offer at ¥3,660/share to purchase 50.1% or more of ADK, and that the board of directors recommended the Bain Capital Tender Offer.…

ベインのADK買収提案：シルチェスターとWPPはともに「過小評価されている」としているが、その理由は不明