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TIG Advisors Acquires Minority Share in Hong Kong-Based Arkkan Capital
Wednesday 13 January 2021

New York-based alternative asset manager TIG Advisors, LLC has acquired a minority revenue share interest in Hong Kong-based alternative asset manager Arkkan Capital to expand marketing and business development, the company said.

Arkkan has with approximately USD 1bn of assets under management, from a fund managed by a Blackstone advisor. The fund, which seeded the firm, remains an investor in Arkkan's fund.

Terms of the transaction were not disclosed.

Arkkan focusses on credit and special situations investments across Asia Pacific. As a growth-oriented partner, TIG will work collaboratively with Arkkan, focusing primarily on marketing and business development.

The investment in Arkkan is the third successful transaction for TIG following its minority interest acquisitions in Romspen Investment Corp. in 2018 and Zebedee Capital Partners in 2020.
Date Published: 13/01/2021