Only nine months after Tribridge Investment Partners announced it had hired John Liptak to head the launch of its new Tribridge Asian Special Situations Fund, Citi has snatched Liptak to head up Asia-Pacific distressed and special situations. Liptak will be responsible for both Japan and non-Japan Asia and will start his new job at the end of this month.
Liptak will be responsible for trading, market making, structuring, sourcing and distributing by way of the Citi credit salesforce. This is a new role and an expansion of the functions of the Asia-Pacific credit trading team at Citi. Liptak will be based in Hong Kong and will report to Naresh Narayan for the Japan business and David Rosa with regard to Asia ex-Japan.
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