The hedge fund veteran and new Aima Hong Kong chair departs as DragonBack downsizes.
The US Foreign Account Tax Compliance Act (Fatca), which will start to bite on January 1, has major implications worldwide, say hedge fund and private equity executives.
The crisis has shown that funding is often as important as investments, according to hedge fund managers on a panel in Bangkok.
The new fund from Hong Kong manager DragonBack Capital will take a much broader approach to volatility trading and offer greater flexibility across equity-based products and indices.
Lehman/PMA veterans form a new hedge-fund company, DragonBack Capital, and launch a multi-strat product.