Cura Preps Multi-Strat Hedge Fund

Mar 9 2007 | 2:29pm 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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of