Ex-Countrywide Exec. Preps Global Macro Hedge Fund
Apr 1 2008 | 1:00am ET
A former executive at Countrywide Financial Corp., whose leaders have been lambasted for contributing to the ongoing mortgage crisis, has launched a global macro hedge fund shop with a twist.
Susan Estes formed Zetian Capital, which specializes in long/short global fixed-income products, in February. However, the firm's first fund will not invest in illiquid credit markets.
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