Saturday, 28 November 2015
Last updated 20 hours ago
Mar 12 2012 | 2:47pm ET
Credit Value Partners, a new hedge fund helmed by four former Credit Suisse employees, is open for new business.
The New York-based firm spun-off from Credit Suisse's hedge fund business in 2010. The distressed debt shop hopes to raise $400 million on top of the $500 million it already manages, it said in a Securities and Exchange Commission filing.
CVP has yet to register a sale, it said. It has a $5 million minimum investment requirement and will remain open to investors for more than a year.
The firm is headed by Donald Pollard, a former managing director at Credit Suisse. Pollard's three partners are also Credit Suisse alumni, Michael Geroux, Grant Pothast and Howard Sullivan.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…