James Caird, Millennium, BofA Vet Ali Readies Credit Hedge Fund

Jun 25 2013 | 11:16am ET

After four years of bouncing from one hedge fund to the next, noted credit trader Iftikhar Ali is set to launch one of his own.

Ali plans to launch Rhodium Capital's maiden hedge fund in the fourth quarter, Reuters reports. The long/short credit hedge fund will focus on Europe, the Middle East and Africa, trading both investment-grade and high-yield debt, derivatives and, in some cases, sovereigns.

Rhodium will debut with a "significant" amount of capital, according to Reuters.

London-based Rhodium also features Talisman Capital founder Jeffrey Tirman, who will serve as CEO and chief risk officer. Ali is Rhodium's chief investment officer.

The firm is currently awaiting the approval of the U.K. Financial Conduct Authority.

Ali made his name as a trader at Citigroup and Bank of America before joining James Caird Asset Management in 2009. His short stint at that hedge fund—10 months—began what has been a peripatetic existence for Ali, who then moved to Millennium Capital Partners for a little over a year, and then to Observatory Capital Management, which he joined in September 2011.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.