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

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note