Thursday, 18 December 2014
Last updated 18 min ago
Nov 7 2007 | 12:58pm ET
New York-based Lincoln Park Asset Management is prepping a credit arbitrage hedge fund to be launched in the first quarter. Lincoln Park is headed by Samuel Vulakh, a former credit derivatives trader for Bear Stearns and Credit Suisse First Boston.
The fund’s non-directional credit strategy will focus on global high yield mandates, according to a source with knowledge of the fund.
The source told FINalternatives that the fund will invest in more liquid names but declined to further elaborate on its strategy. However, the source offered that the fund is looking to raise its assets from the institutional crowd.
Lincoln Park opened its doors for business this summer and is currently in the process of finalizing its team and infrastructure.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.