Capula Hires BofA Vet To Launch Euro. Distressed Fund

Jul 17 2012 | 11:45am ET

Capula Investment Management plans to launch a European distressed assets hedge fund and has hired a former Bank of America trader to run it.

Steven Zander was named a senior portfolio manager at London-based Capula in June. He joins the hedge fund from Haymarket Financial, where he served as chief investment officer, and was formerly global co-head of loan and distressed debt trading at BofA.

Zander's fund will be Capula's first investing exclusively in European distressed debt, Bloomberg News reports. Capula, and a horde of other investment firms and hedge funds, have launched or are planning such funds to profit from Europe's sovereign debt crisis.


In Depth

Q&A: SkyBridge’s Anthony Scaramucci Readies For Wall Street Week Debut

Apr 16 2015 | 12:56pm ET

Anthony Scaramucci, founder and managing director of asset management firm SkyBridge...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note