Kingdon to launch credit fund
Thu Sep 3, 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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