Sun, May 26, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Alternative Market Briefing

Phoenix Investment Adviser makes a round of new hires after seed investment
Wednesday, October 24, 2012

Bailey McCann, Opalesque New York: Peter Hughes has joined the investment team at Phoenix Investment Adviser as a Senior Research Analyst. Hughes, a CFA charterholder and former director at Citi Capital Advisors is one of several recent hires made by the firm. The hires are the result of a $40m seed investment into Phoenix's Institutional Credit Opportunity Fund, previously reported on by Opalesque. He will oversee a variety of sectors on the investment team, including technology and business services.

Phoenix is a New York-based investment advisor with over $500m in assets under management and specializes in high-yield corporate debt. Founded nearly a decade ago, Phoenix focuses on bonds of highly leveraged US companies and has raised nearly $200m so far this year.

Prior to joining Phoenix, Mr. Hughes was a Director at Citi Capital Advisors, where he focused on identifying long and short investment opportunities in high yield and investment grade cash bonds, credit default swaps, and leveraged loans across various sectors, including technology, telecom, homebuilding, and transportation. He previously worked at Credit Suisse, where he recommended risk management strategies for the company's internal bank loan portfolio and actively invested in the group's proprietary CDS trading book. Mr. Hughes is a CFA charterholder and holds a Ma......................

To view our full article Click here
Article link
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  4. Comment – Can hedge funds survive Bernanke?[more]

    From Bloomberg.com: …The biggest reason for the market tranquility might be the Federal Reserve's repeated assurances that it will maintain zero interest rates and provide monetary stimulus until the economy recovers, and unemployment ebbs. That may just account for the recent flurry of storie

  5. Opportunities Ahoy!: For a relative value, sector specialist fund trading in physical and futures bulk shipping - this backdrop has provided us with opportunities … disparities have emerged between the physical and derivative market - and we are positioned to take advantage of the ensuing volatility and mispricing betwe
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. MGH
  2. NZARA
  3. 36 South
  4. Cultivar
  5. New Zealand
  1. Anchorage
  2. ubs
  3. MS
  4. people
  5. hedge funds