Man stakes ex-Brevan Howard traders for $50m
Fri Jul 24, 2009
New hedge fund follows global interest-rate arbitrage strategies.
Man Investments has invested $50 million in a new hedge fund that follows global interest-rate arbitrage strategies. The new firm, called 5:15 Capital Management, was formed in Greenwich, Conn., by an eight-member team that recently left Brevan Howard’s Connecticut office.
According to Man, 5:15’s team has...
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