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New Managers July 2017

LAUNCHES

 

  • Rose Commodities, founded by Richard Rosenblum, former global head of crude oil and derivatives trading at Goldman Sachs, and Arthur Colarossi, who managed options trading at BBL Commodities, is set to launch a commodities hedge fundnext month with more than $200m in commitments, WSJ.com said.
  • Pine River Capital Management plans to spin off a nearly $2bn government bond-trading fund into a stand-alone firm Jan. 1, in what is likely to be one of the biggest new hedge-fund launches next year, reported WSJ.com. The Minnetonka, Minn.-based firm profited big off the rebound in government-backed mortgage bonds following the financial crisis, but its assets have shrunk recently. Renos Dimitriou and his London-based team will launch the roughly $1.7bn fund.
  • Giles Coppel, a top trader in Brevan Howard's New York office, is prepping his own hedge fund, Business Insiderreported. Brevan Howard is backing Coppel with $200m. Coppel has headed trading at Brevan's New York office since 2012. He previously worked at Tudor Investment Corp. and Lehman Brothers.
  • Anirudh Singh, 33, a credit trader at the London office of Eric Mindich's $7bn New York hedge fund, Eton Park, which said about three months ago that it was shutting down, is looking to open his own firm, Business Insider said. He expects to raise $100-$200 million for the fund. He worked for Eton Park for roughly six years after a stint at Goldman Sachs.
  • Ahmet Arinc, the former head of foreign ex......................

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    This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
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