Tuesday, 31 May 2016
Last updated 3 days ago
May 31 2007 | 9:54am ET
New York-based Owl Creek Asset Management is reportedly prepping a Japan-focused activist fund to be launched sometime in July.
The Owl Creek Japan Fund will look to capture alpha in Japanese distressed names and is said to eventually raise $1 billion in assets under management.
The firm is currently marketing its latest offering to existing domestic and international investors with a pricey minimum investment of $5 million.
Calls and e-mails to Owl Creek were not returned by press time.