Kingdon to launch credit fund
September 03, 2009
The storied firm is preparing to launch its first new strategy in 26 years.
In more evidence that hedge funds are benefiting from Wall Street’s implosion, Kingdon Capital Management is preparing to launch its first new fund in 26 years with the former head of global proprietary fixed-income trading at Morgan Stanley running the money.
Kindgon is creating the new fund out of a small credit book in flagship equities portfolio, which is now managed by former Morgan Stanley trader Michael...
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