Wednesday, 25 November 2015
Last updated 1 hour 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.
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…