Thursday, 30 June 2016
Last updated 17 min ago
Feb 25 2014 | 10:03am ET
The new hedge fund set up by CQS' former top asset-backed securities trader has hired a Citigroup veteran.
Richard Skeet was named a portfolio manager at East Lodge Capital Partners, Bloomberg News reports. The London-based firm, founded late last year by Alistair Lumsden, aims to hire up to 14 people and hopes to raise US$250 million for its maiden fund, expected to debut later this year.
Skeet worked at Citi for a decade, trading asset-based securities. East Lodge will focus on corporate credit, direct lending and structured finance.