Thursday, 5 March 2015
Last updated 1 hour 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…