US-based hedge fund group Advent Capital Management has made
four key hires, including three veterans of convertible bond
specialist Lydian Asset Management, in order to take advantage
of attractive opportunities in the converts market.
Marc Friezo has joined as an associate portfolio manager on
Advent's Hedged Convertible Strategy. He was previously a
managing director and portfolio manager at Lydian, overseeing
all risk and investment management function for the firm from
2009 until last month.
Thomas Cui was a...