Former Point72 Japan Head Plans Hong Kong-Based Hedge Fund Firm

Former Point72 Asset Management LP Japan head Tomohiro Yamaguchi is planning his own hedge fund to capitalize on demand from investors seeking to work with specialists in the world’s fourth-largest economy.

His Hong Kong-based Invictus Investment Partners Ltd. aims to start trading in the first quarter of 2026, pending regulatory approval, Yamaguchi said in an interview. Its hedge fund will focus on the 300 largest, most liquid Japanese stocks. An anchor investor is committing $200 million of capital that will be locked up for two years, he added, while declining to identify the party.