Elliott Credit Trader Plans Convertibles Hedge Fund

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.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note