Thursday, 25 August 2016
Last updated 12 hours ago
Feb 26 2009 | 11:15am ET
Two Citigroup fixed-income executives have set up their own hedge fund shop to focus on corproate credit and distressed assets.
Jeff Jacob and John Humphrey, who ran the global special situations group they established at Citi four years ago, have founded New York-based Archview Investment and this month launched the Archview Credit Opportunities Fund with some $200 million in assets, according to Hedge Fund Alert. The fund was reportedly seeded by Citi, and all of its current assets will remain with Citi.
About six or seven members of the pair’s 20-strong team at Citi will join the new venture, according to published reports, including Hussein Adatia, a former financial services analyst at Citi.