A new Asia-focused hedge fund that will invest in stocks and derivatives tied to Asian companies is gearing up for launch by two former Credit Suisse senior traders reported Bloomberg this week, according to people familiar with the matter. Carlo Ramirez, Credit Suisse’s former head of Asian trading for equity and equity derivatives, and Olivier Garcia, a former head of Asia-Pacific exotic trading, plan to start trading in Q2 2012 according to the undisclosed sources. The firm, RG Investment Capital LLP, will be based in London. Ramirez will act as the firm’s chief investment officer. He worked at Credit Suisse for 12 years, spending time in the bank’s London, Hong Kong, Sydney and Tokyo offices. Garcia will be portfolio manager in the new firm the sources said. The trading pair follow in the footsteps of a growing number of former proprietary desk traders who have been spinning out of various banks including Morgan Stanley and Goldman Sachs over the last 18 months as these institutions move to comply with regulation under the Dodd-Frank Reform Act and reduce risk. Former head of Goldman Sachs Principal Strategies Group in Asia, Morgan Sze, launched the high profile Azentus Global Opportunities fund last April, whilst Benjamin Fuchs, who heads the Global Opportunities Group proprietary trading desk at Nomura, is also planning to launch his own B.A.F. fund in Hong Kong.