Justin Tang and Jin Rui Oh, two equity special situation specialists and former directors at United First Partners, have joined hedge fund Millennium Management in Singapore, according to a report by Reuters.
Justin Tang and Jin Rui Oh, two equity special situation specialists and former directors at United First Partners (UFP), have joined hedge fund Millennium Management in Singapore, according to a report by Reuters.
The report cites unnamed sources familiar with the matter as revealing that the two are among a small group in the Asia sell-side space who provided strategic advice to long-only and hedge fund clients for companies involved in corporate actions. Before joining UFP, the pair had previously worked together at Religare Capital and Churchill Capital.
Equity special situations is not one of Millennium’s core strategies with the firm’s primary focus being on relative value in equities, arbitrage, fixed income and quantitative investing, according its website. an investing strategy based on corporate actions such as