UBS' Benjelloun-Touimi Plans US$150M Credit Hedge Fund

Apr 22 2013 | 2:15pm ET

A top UBS credit trader is set to launch a hedge fund this summer.

Yassir Benjelloun-Touimi's Arcarde Capital Partners will offer its maiden fund in early July, Reuters reports. The vehicle is expected to debut with about US$150 million in initial assets.

Arcade will focus on the most liquid credits.

Benjelloun-Touimi was head of European credit flow trading at UBS; his former employer will serve as Arcade's prime broker. A former global head of portfolio management at UBS, Benjelloun-Touimi was head of credit arbitrage at Bank of America Merrill Lynch before joining the Swiss bank in 2009. He also formerly served as head of index trading at BNP Paribas.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...