Former Citadel PM Joe Russell’s Bell Point nears $500 million

By Anastasia Donde

Wed Apr 6, 2011



The new credit hedge fund has quickly raised capital from a variety of institutions and funds of funds.


Bell Point Capital, the credit-oriented firm launched with $84 million last July by Citadel's former U.S. credit chief Joe Russell, is approaching $500 million in assets, a substantial milestone in a period when even marquee names have had difficulty fundraising.

The firm's investor base consists of pension funds (approximately 40% of assets), funds of funds (40%), foundations and endowments (10%)...

TAKE A FREE TRIAL

The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now