Our weekly roundup of news from East Asia curates the industry’s most important developments.
Three Arrows Capital (3AC), a once bourgeoning Singaporean hedge fund worth an estimated $10 billion at is peak, was utterly obliterated by the bear market last year. However, the carnival it has created since the initial blowup still lives on, and its main characters appear to be doing quite well, too.
One of 3AC co-founders, Kyle Davies, appears to have finally found some solace from the experience. After much turmoil, the former hedge fund manager has now transitioned into an aspiring restauranteur fixated on one task — perfecting the art of cooking chicken.
Kyle Davies chopping up … nothing for some reason. (Twitter)Any seasoned chef would know that cooking a tender, well-seasoned, juicy, and crispy-skinned chicken is a rather exquisite skill. To perfect it, one needs to maintain a razor-sharp focus on the meat while techniques are applied, which requires cutting out distractions — such as focusing on negative feelings related to creditors trying to claim $3.5 billion from 3AC’s bankruptcy — during the performance.
Generally speaking, chefs don’t like customers who are rude. Which is why when a user suggested on Apr. 14 to review-bomb Davies’ new Dubai restaurant, the now professional cook immediately threatened legal action against individuals who post “intentionally false reviews and defamation against my restaurant.”


