Tribridge to launch new special situations fund

Hong Kong alternative investment firm Tribridge Investment Partners has announced plans to launch a new hedge fund in August, to be known as Tribridge Asian Special Situations Fund. This will join the stable of four other funds with combined assets of $259 million. Tribridge has hired John Liptak to run the new fund. Previously he ran the special situations group at Bank of America, where he worked from 2001 to 2009. Before then he worked at ING Barings, UBS and CSFB. The new fund w…