Frederic Eechaute, a former senior analyst at DKR Oasis Management Co. LP, will start a Japan-focused equity hedge fund that trades stocks using its own analyst database.

Eechaute, who will split time between Tokyo and Sydney, set up Instinct Capital in June to run the new fund that may open as early as September.

The fund will have a maximum capacity of ¥30 billion. The 33-year-old, who also led a sales desk at the brokerage unit of Mizuho Financial Group Inc., said his Instinct Japan Hedge Fund will employ a so-called long-short strategy, betting on rising and falling stocks.