Our weekly East Asia information roundup organizes crucial developments within the trade.
Three Arrows Capital (3AC), a once-booming Singaporean hedge fund with an estimated worth $10 billion at its peak, was fully worn out by final yr’s bear market. Nevertheless, the carnival he has created because the preliminary explosion continues to be alive, and his fundamental characters additionally appear to be doing properly.
Certainly one of 3AC’s co-founders, Kyle Davies, appears to have lastly discovered some solace within the expertise. After a lot turmoil, the previous hedge fund supervisor has now change into a wannabe restorer mounted on a spot excellent the artwork cooking hen.
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