Elliott Vet Joins Morgan Stanley Prime Brokerage Vet’s New Firm

Sep 25 2009 | 12:06pm ET

A new Hong Kong-based hedge fund platform founded by Morgan Stanley’s former Asia prime brokerage chief is adding an Elliott Advisors executive as chief operating officer.

Ben Horner has joined Cranmore Capital Advisers, founded earlier this summer by Kurt Baker. Among Horner’s first jobs will be to find new digs for the new firm, with has reportedly found private equity backers, Asian Investor reports.

Cranmore already has a shortlist of potential managers to seed. Its first will likely be an Asian equity long/short value fund early next year, possibly followed by an event-driven or special situations vehicle.

At Elliott, Horner was head of equity financing in Hong Kong. He also oversaw regulatory compliance and financing operations in the region.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note