Hedge Funds

Trafalgar Recovery, Azri funds rebranded as CapeView


Theo Phanos, co-founder of hedge fund group Trafalgar Asset Managers, has launched CapeView Capital LLP as the new UK-based investment manager for the two European credit and long/short equity funds that Phanos and his team run.

The two funds are Recovery – the long-running and well-performing European credit fund managed by Phanos himself since 2003 – and Azri, the European equity fund run by Sushil Shah and Michael Sakkas that has performed strongly since inception in 2007.

The funds collectively manage assets of some $600 million – with $385 million in Recovery and $220 million in Azri –