Cura Preps Multi-Strat Hedge Fund

Mar 9 2007 | 1:29pm ET

Cura Capital Management is prepping its Cura Compass Multi-strategy Fund for launch this summer, according to sources familiar with the fund. The Compass fund will deploy capital among eight strategies and target 15% annual returns.

A group of fellow Clinton Group alumni, including Mike Vacca (converts and event driven/credit), Richard Cohen (quantitative research and statistical arbitrage), Bob Smalley (credit research), Bob Wenzel (credit portfolio manager) and Steve Cameron (quantitative), will join Cura’s founder, Tom Schnepp, in this new endeavor.

Schnepp founded Cura in November 2004. The firm currently manages $425 million in its fixed income arbitrage fund.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...