Capula Adds Another Distressed Debt Expert

Jan 16 2013 | 10:41am ET

Capula Investment Management continues to build its distressed debt capabilities with its second high-profile hire in four months.

The London-based hedge fund snagged Haymarket Financial veteran Mark Berry last month to lead its special situations team. His addition follows that in September of Steven Heanley, a former Angelo Gordon distressed debt specialist. Both men report to Steven Zander, the former Bank of America trader Capula hired in June to lead its distressed-debt efforts.

Zander and Berry both formerly worked at HayFin and Merrill Lynch; Berry handled the corporate credit secondary market until his departure in June while Zander was formerly HayFin's chief investment officer. At Bank of America Merrill Lynch, Zander was global co-head of leveraged loans and distressed trading and Berry served as head of European and U.S. credit sales.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…