Thursday, 31 July 2014
Last updated 11 hours ago
Feb 14 2012 | 1:57pm ET
A former Elliott Management credit trader will launch his own hedge fund this summer.
Craig deLaurier expects Cerro Capital Management to debut with between $50 million and $100 million, HFMWeek reports. Cerro's maiden offering will focus on convertible arbitrage and other credit strategies.
DeLaurier has been with Elliott for less than three years. Before joining Paul Singer's firm, he worked at Deutsche Bank trading convertibles, including a period under Boaz Weinstein. Weinstein now runs hedge fund Saba Capital Management.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…