Former Citadel portfolio manager Takeo Serizawa will become chief investment officer at Hong Kong-based Invictus Investment Partners. Teaming up with ex-Point72 Japan head Tomohiro Yamaguchi as CEO, they aim to capitalize on investor interest in Japan. This launch is part of a surge in Japan-focused hedge funds driven by improved corporate governance and economic recovery.
Hong Kong-based Invictus Investment Partners is emerging as a new hedge fund focused on Japan. Takeo Serizawa, a former Citadel portfolio manager, will serve as chief investment officer, leading investment strategies. His one-year non-compete agreement with Citadel expired last week, enabling this move.
Tomohiro Yamaguchi, previously Point72 Asset Management's Japan head, takes the CEO role to handle risk management and business operations. In an interview, the duo explained that their partnership targets renewed investor enthusiasm for Japan. "International investors are seeking funds with the right setup and approach to deploy hundreds of millions of dollars," Serizawa said.
The launch comes amid a boom in Japan-focused hedge funds, fueled by corporate governance reforms and economic revitalization. The Tokyo Stock Exchange (TSE) has seen heightened stock activity, spurring multiple startups in the sector. Invictus aims to attract substantial capital from global investors through its specialized model.