Noronha’s Noster gears up for the next stage with arrival of ex-Tell partner Attard-Manché
July 23, 2012
Set up in 2007 by ex-JP Morgan prop trader Pedro de Noronha, Noster Capital runs around $100 million in its well-performing flagship global equity/macro Global Value strategy and an opportunistic European credit fund that has started off strongly since its inception last October
The arrival of Jeremy Attard-Manché, former managing partner of Tell Investments and a well-known figure in the European hedge fund industry, as managing partner and head of business management at London-based hedge fund group Noster Capital marks an important step in taking the hitherto low-profile but well-performing firm to the next level.
Set up by highly rated former JP Morgan prop trader Pedro de Noronha in 2007, Noster runs about $75 million in its flagship Noster Global Value Fund – a long/short equity strategy with a value bias and a strong macro/thematic overlay that was launched in March 2008.
The firm also manages a Credit Opportunities Fund run by long-time European credit and distressed specialist Milos Brajovic – formerly a prop trader at Glencore International, who has also worked in restructuring at Houlihan Lokey and as a portfolio manager at Agilo and European Credit Management – that...
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