a day ago
Ex-Man Group Money Manager Seeks $500 Million for Own Hedge Fund
Yves Blechner, a former portfolio manager at Man Group Plc, is preparing to start his own credit hedge fund to bet on high-yield markets.
He has set up 44 Hill Capital Management in London and is targeting to raise $500 million by November for launch, according to an investor document, a copy of which was seen by Bloomberg News. He has a number of soft commitments to start the fund, Blechner wrote to potential clients.