Fund launches & closures

Ex-Brevan, HBK man Botbol primes MB high-yield and distressed launch

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Mikhael Botbol

Former Brevan Howard senior trader Mikhael Botbol is poised to go live with his own high-yield and distressed debt offering, with the new Cayman-domiciled MB Master Fund due to launch on 1 March.

Botbol left Brevan Howard in June last year after four years with Alan Howard’s $30 billion firm, where he worked as a trader on the flagship macro/multi-strategy fund, to set up his own operation called MB Asset Management.

Before joining Brevan he was with the big US-headquartered hedge fund group HBK – where he was head of European credit in