Ex-Ramius analyst starts new funds

By Suzy Kenly Waite

Tue Dec 21, 2010

Paul Schulstad, a veteran merger arbitrage analyst, has launched a long/short equity fund and will debut an arbitrage fund next month.

Paul Schulstad, who previously worked as a merger arbitrage analyst at Ramius Capital Group, has formed STO Capital Management, a hedge fund firm in Saddle River, N.J.

He launched STO Capital Opportunity Partners, a long/short equity fund, on November 15 and plans to roll out STO Capital Arbitrage Partners, a merger arbitrage fund, in January 2011.

Schulstad spent two and a half years at Ramius, which as of July 2010 managed $3 billion, and left the firm in early 2009. Before Ramius, Schulstad spent seven years...

ISSN: 2151-1845 / CDC10004H


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