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Alternative Market Briefing

Melissa Ko`s spinoff Covepoint to launch with four of the six portfolio managers from former BSAM team, not all Bear execs attracted to JP Morgan

Thursday, July 17, 2008

Kirsten Bischoff, Opalesque New York: Opalesque has learned that Melissa Ko, the former Bear Stearns Portfolio Manager who announced the spinoff launch of her $925m fund Covepoint (previous coverage here) will not be joined by two of the teamís portfolio managers. Rahul Devgon, CFA and Nigel Dousie who worked with Ko investing in Global FX and Credit in emerging markets have yet to announce their future plans. Devgon, who rec......................

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