CQS Risk Chief Joins I-Bank RenCap

Feb 17 2010 | 1:58am ET

Michael Schulz has left hedge fund CQS for Russian investment bank Renaissance Capital.

Schulz is one of several new faces at RenCap, which last week brought back founder Stephen Jennings as CEO. Jennings, who handed over day-to-day management of the firm in 2007, aims to build RenCap into a major investment banking player, with plans to add new offices and 250 new bankers this year.

“To support these ambitions, we are putting in place world class management with a track record of managing global scale businesses and an entrepreneurial drive to build businesses,” Jennings said.

Schulte has served as risk manager at CQS for two years. He joined the quantitative convertible arbitrage shop in 2008 after two stints at Lehman Brothers’ prime brokerage business in Asia. He also helped found Hong Kong-based fund of hedge funds Alphatraxx.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note