If you’ve been exiled from your job, then rest assured that there is still one classic destination for exiles: Australia.
If you’ve recently found yourself exiled from your job, you may find solace in knowing that Australia remains a popular destination for individuals in similar circumstances. This holds true even for hedge fund superstars, as recent events have shown.
Hans Tang: From Dymon Asia Capital to Regal Funds Management
Hans Tang, a seasoned hedge fund professional who has previously worked at Dymon Asia Capital and Millennium Management, has resurfaced in the industry. However, his new role may come as a surprise to many, as he has joined an Australian hedge fund called Regal Funds Management.
Regal Funds Management is a part of the larger Regal Partners, overseeing assets worth over A$20bn (US$13bn). With offices in Sydney, Singapore, and New York, Regal Funds Management offers a range of funds, including long/short, multi-strategy, and credit funds.
Tang’s Unfortunate Departure from Dymon Asia Capital
Tang’s exit from Dymon Asia Capital was marked by unforeseen circumstances. As a merger arbitrage trader, Tang’s team was disbanded earlier this year after hitting its stop-loss limit. Despite expectations of a market rebound following Trump’s election, merger arbitrage teams like Tang’s faced challenges in 2024.
If you’d like to learn more about Hans Tang’s journey from Dymon Asia Capital to Regal Funds Management, you can read the full article here.
