Hedge Funds Hire Talent Scouts in Japan to Tap Comeback

A hiring spree among hedge funds in Japan is reaching fever pitch. The latest must-have: talent scouts.

Hedge funds including Dymon Asia Capital, Polymer Capital Management and Lighthouse Partners have hired so-called business development specialists in the country, while Point72 Asset Management has an opening for the role. The firms are importing the model used in other established hubs to find the next generation of star investors, much like scouts in the NBA or Major League Baseball search for the next LeBron James or Shohei Ohtani.