(Bloomberg) Jeffrey Altman’s Owl Creek Asset Management is winding down its Asian funds after the voluntary departure of Hong Kong-based co-manager Chris Wang, according to a regulatory filing.
The move is expected to cut New York-based Owl Creek’s assets to $2.3 billion, from about $2.6 billion at the end of February, the firm said in a filing to the U.S. Securities and Exchange Commission. It plans to deregister its Hong Kong office with the city’s securities regulator, it added.