Tudor Vets' Hedge Fund Adds Three From Former Firm

Nov 29 2011 | 9:48am ET

Three more Tudor Investment Corp. veterans are leaving the hedge fund giant to join a hedge fund founded by two former colleagues.

Zafferano Capital, which already boasts some US$100 million in commitments from investors, including Tudor itself and Tudor partners, has hired Cliff Pattenden, Colin Greene and Richard Sidebottom, Financial News reports. Pattenden, chief operating officer of Tudor's emerging markets business, will be COO and CFO of London-based Zafferano, while Greene and Sidebottom will serve as portfolio managers, roles they played at Tudor.

Greene will join Zafferano at the end of the year. Sidebottom left Tudor early last year.

Pattenden told FN that Zafferano "is in the process of starting up" and has "put in our application" with the Financial Services Authority. The firm was set up in September by former Tudor vice chairman John Macfarlane, Tudor emerging markets corporate credit chief Nigel Whittaker and former Ashmore Energy CEO Brent de Jong. Whittaker is to leave Tudor for Zafferano next year.

The new firm plans to begin investing next year.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...