Thursday, 30 July 2015
Last updated 25 min ago
Aug 30 2012 | 3:41am ET
Hedge fund GoldenTree Asset Management has added a Morgan Stanley distressed-trading veteran to lead its own trading business.
The New York-based hedge fund named Daniel Ornstein co-head of trading, alongside Corey Geis, Bloomberg News reports.
Ornstein was head of North American distressed trading at Morgan Stanley.
GoldenTree specializes in leveraged loans, high-yield debt and collateralized loan obligations. The firm, which has $16 billion in assets, raised a $590 million CLO with Bank of America last week.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…