Former Société Générale executive Jong Beum Kim is launching a new relative value hedge fund with two former colleagues from the French bank. The new fund, named the Three Stones Multi-Strategy Fund, will focus on Asian markets and employ capital structure arbitrage, option-based trend following and volatility trading, according to a Bloomberg article. The fund may add additional trading strategies as AUM grows beyond $500 million.  Managing the new fund with Kim will be Sebastien Cerbourg and Alexandre Avanian. Kim first joined the French bank in 1998 as a proprietary trader, and was co-head of SocGen’s Asia-Pacific equities through September 2014. Cerbourg, meanwhile, was...