Ex-Credit Suisse distressed co-head nabs $100 million seed from Rothschild family
By Rob Copeland
Tue Nov 5, 2013
Rebak's Farmstead Capital Management also being considered for $150 million from PAAMCO for launch.
One of Europe's wealthiest old families is seeding a new hedge fund with a decidedly proletarian name.
The Rothschild's London-listed investment trust RIT Capital Partners put $100 million into Farmstead Capital Management, the launch this month from former Credit Suisse distressed pro Andy Rebak, according to people with direct knowledge of the agreement. RIT has a management stake in the new firm, and will share in fees going forward.
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