|Last month Raaj Shah and Sean Debow announced the formation of Matchpoint Investment Management Asia with the launch of the Matchpoint Asia Fund. According to an article from Bloomberg, the new hedge fund has assets under management of almost $50 million and focuses primarily on Asian-Pacific securities with a smaller emphasis on Southeast Asia. |
Mr. Shah, a former partner at Och-Ziff Capital Management who managed the firm’s Asian operations, and Mr. Debow who headed Asia research at Ivory Investment Management, are now CIO and COO, respectively, of Hong Kong-based Matchpoint Investment Management Asia. The firm’s flagship fund plans to take advantage of mispriced and undervalued securities in Asian markets. The portfolio management team will select investments using a bottom-up approach and will focus on securities affected by hard catalysts like mergers, soft catalysts like fluctuating consumption and tax rates, and distressed pricing cause by forced selling.
Mr. Shah spent twelve years at Och-Ziff, a publicly-traded global asset manager of multi-strategy hedge funds that was founded by CEO Daniel Och in 1994. Debow left Ivory Investment Management after the Los Angeles-based firm closed down its Asian operations last December. Ivory was founded in 1998 by Curtis Macnguyen.