York Capital’s Asia Spinoff to Form $3.5 Billion Hedge Fund Firm
- MY.Alpha in Hong Kong slated to manage more than $3.5 billion
- Masa Yamaguchi is on track for 13-year Japan winning streak
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York Capital Management’s Asia team, on course for a 13-year winning streak in Japan, is about to become one of 2021’s largest new hedge fund firms, said people with knowledge of the matter.
Led by Masahiko Yamaguchi, MY.Alpha Management HK Advisors Ltd. will have more than $3.5 billion of assets under management when it spins out of York in early December, the people said, asking not to be identified because the information is private. That figure would include what was known as the York Asian Opportunities Fund, along with a smaller pool using mostly internal capital to make more concentrated Japan investments, they added.