Friday, 1 August 2014
Last updated 5 hours ago
Mar 30 2009 | 1:13am ET
London hedge fund CQS is readying a new long/short credit fund for launch next month.
The CQS Credit Long Short Fund will focus on the U.S. and Europe, the US$6.5 billion firm said. It will be managed by Simon Finch, chief investment officer for credit, and his team of four others.
In addition, CQS’ 15-strong fundamental credit research group will support the new offering.
The new fund is expected to have $100 million in initial assets under management. It will target month returns of 15% or more, and offer monthly liquidity.