Ex-Citadel, Sandelman managers gain momentum with Nightscape in credit and capital structure arb


Nick Stukas
Nightscape Capital, the London-based credit and capital structure arbitrage firm led by former Citadel and Sandelman portfolio manager Nick Stukas, is building momentum – with the performance track record starting to rack up and asset inflows beginning to accelerate.

Launched last September, the firm’s flagship Nightscape Global Value Fund is up by some 4.25% after nine months of trading in a difficult market environment – making a small positive return in June, when the vast majority of hedge funds struggled in a bad month.

Assets under management are also gathering pace. Set up