Former Citadel, Highbridge Manager Plans North Asia Hedge Fund

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Toby Bartlett, a former manager at Citadel LLC and Highbridge Capital Management LLC, plans to start his own North Asia-focused stock hedge fund as soon as next month, according to a document given to potential investors.

The market-neutral equity long-short fund from Bartlett’s Hong Kong-based Arena Capital will be focused on domestic-demand industries in Japan and South Korea, according to the document obtained by Bloomberg News. Bartlett declined to comment on plans for the fund in an e-mailed response to questions.