Opalesque Industry Update: Kyle Davies and Su Zhu are preparing to launch Three Arrows Capital in September 2012. The fund will
focus on Asia market neutral liquidity constrained arbitrage. The fund is seeded and expecting to launch
with $10m. Kyle will serve as Chairman and Chief Risk Officer. Su will serve as CEO and Chief
"I am a firm believer in the additional alpha that can be generated with liquidity constraints," said Kyle Davies, Chairman of Three Arrows Capital. "That is a cornerstone philosophy of our fund investments and I think investors will be pleased with the performance we can generate."
Kyle and Su have an organic growth story over a decade of knowing each other. They met in high school at Phillips Academy, studied math and economics together at Columbia University, and then worked with each other in Hong Kong in various derivatives trading roles. The two traders began developing high alpha liquidity constrained strategies a little over a year ago and decided earlier this year that it was time to found Three Arrows Capital. The fund was then seeded by co-workers, several fund managers, and family offices.