Senior prop traders from Citi and JP Morgan are moving ahead
with plans to launch their own European-based hedge funds over
the next few months in the latest wave of big bank spin-outs to
hit the alternative asset management industry.
Portman Square Capital, the new London-based multi-strategy
equity hedge fund led by highly regarded former Citi and Old
Lane trader Sutesh Sharma, is firming up plans ahead of what
should be one of the most keenly...