Atom’s Tsuchiya Starts Advising New Japan-Focused Hedge Fund

Atsuko Tsuchiya, a former Citadel Investment Group LLC fund manager, started advising a hedge fund that bets on Japan’s rising and falling stocks after ending a contract with a similar fund last year.

Tsuchiya, chief executive officer of Tokyo-based Atom Capital Management Co., is targeting to raise about $100 million in the first year for the Atom Japan Fund, which got $10 million in seed capital from an investor she declined to identify in a telephone interview. The Atom fund will stop taking money from investors when it reaches about $300 million, she said.