New Arbitrage Hedge Fund Nine Masts To Set Sail

Mar 9 2010 | 3:52am ET

A former DKR Oasis Management hedge fund manager and a former Deutsche Bank proprietary trading desk chief have founded a Hong Kong-based relative value shop.

James Tu and Wang Bing are among the four co-founders of Nine Masts Capital. The new firm plans to launch its debut fund in the second quarter, a capital-structure arbitrage fund investing in Asian stocks and bonds.


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