Wednesday, 26 October 2016
Last updated 10 hours ago
Dec 20 2011 | 12:41pm ET
A new hedge fund founded by former managers at Blue Ridge Capital and Eton Park Capital Management hasn't launched its first product yet, but it has moved on to its second chief operating officer.
Falcon Edge Capital, founded by former Blue Ridge partner Rick Gerson and Eton Park veteran Navroz Udwadia, has named James Minshull to the position. Minshull served as international COO at Eton Park until three years ago.
Minshull replaces Martin Byman, formerly co-head of Morgan Stanley's European prime brokerage. Byman left New York-based Falcon Edge to join quantitative hedge fund OxFORD Asset Management, HFMWeek reports.
Falcon Edge is expected to launch its first hedge fund in the first quarter, and could raise as much as $1 billion for the global multi-asset class vehicle. According to HFM, Falcon Edge will have offices in New York and London and Minshull's operations team is "unusually strong."