TCW founder backs fund launched by ex-DoubleLine equities pro

By Simone Foxman

Wed Jul 30, 2014

Husam Nazer strikes out with Sword Capital Partners.

Husam Nazer, a former long-time TCW Group manager who recently served as a co-head of DoubleLine Capital’s equity business, has set out on his own with the backing of TCW founder Robert Addison Day. Nazer, who left the Los Angeles-based DoubleLine at the end of June, plans to launch the equity-focused Sword Capital Partners September 1, according to filings with the U.S. Securities and Exchange Commission and a person familiar with the matter.

The new, Los Angeles-based fund will pinpoint equities investments in small and middle-market companies, the filing said, but also expects to use derivatives positions to bolster long and short bets. It will hedge using sector index ETFs.

Nazer will share space with the Oakmont Corporation, Day’s family office. Day has long had his hands in the hedge fund...

ISSN: 2151-1845 / CDC10004H

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