Hong Kong conglomerate Sun Hung Kai spun out hedge fund firm East Point Asset Management with $150 million in seed capital.
CQS will add a seven-member Asia macro hedge fund team from City Financial, led by Geoffrey Barker, to its Hong Kong office.
HNA and SkyBridge will seek a distribution tie-up instead of an equity sale, citing regulatory hurdles; Scaramucci to return to Skybridge.
Mitsubishi Corp. sold it 5% stake in London-based fixed-income-focused hedge fund Capula Investment Management to Dai-Ichi Life Insurance Co.
Man Group taps Lazard executive for new institutional sales role in Asia.