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    Today is Thursday, March 18, 2010 at 
    - Countdown to Market Close:

    – Tribridge Investment Partners Ltd., a Hong Kong-based hedge fund manager, said Monday it will launch a new fund in August and hired John Liptak, former head of Corp.’s Asia group, to run it.

    The new fund will have a pan-Asia focus and seek to identify mispriced or undervalued securities due to financial stress, some corporate event or other special situation. It will be biased toward large- in more developed markets in the region such as Hong Kong, , Korea, , or .

    "I believe that the opportunities from the upcoming default cycle have not been seen since shortly after the Asian currency crisis back in 1997-1998," Liptak said in prepared remarks.

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