Thursday, 24 July 2014
Last updated 15 hours ago
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.
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…