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Ex-Goldman trader in Asia plans credit hedge fund

Reuters – Former Goldman Sachs managing director in Hong Kong Christopher Mikosh is preparing to launch a credit hedge fund by the fourth quarter of this year or early 2013, sources said on Thursday, lifting prospects for the $127 billion industry in Asia.

Mikosh, who was a trader within the special situations group of Goldman Sachs in Hong Kong, left the Wall Street bank at the beginning of the year to start his own firm called TOR, said six sources familiar with the plan.

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