Ex-Morgan Stanley Exec. Cruz Launches Two Hedge Funds

Aug 16 2010 | 7:31am ET

Former Morgan Stanley acting president Zoe Cruz has launched her hedge fund firm with $200 million in initial capital.

Cruz, who served as co-president of the investment bank before her ouster nearly three years ago, founded Voras Capital Management last year. The New York-based firm has been fundraising for nine months, and has launched a pair of hedge funds, including one managed by Cruz herself.


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