(Bloomberg) Damian Edwards, a former managing director at Royal Bank of Canada, is starting an Asian event-driven hedge fund to take advantage of a surge in mergers and acquisitions in the region.
Metrica Partners Pte plans to start this month with $25 million, Edwards said in an interview in Singapore. The equity-focused fund has five staff and will invest about half its money in Japan, with the remainder split between Hong Kong and the rest of Asia, he said.
