Fund launches & closures

Ex-KBC trio plan hedge fund return with Paris relative value operation

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Relative value fund will focus on volatility trading, equity-linked products and credit arbitrage

Experienced former KBC trio Carlo Georg, Thomas Korossy and Mahmoud Faghihi are planning to return to the hedge fund world with their own London and New York-based Paris Capital Partners operation.

 
Carlo Georg and Thomas Korossy


Paris Capital plans to launch in September with a relative value fund that will focus on volatility trading, equity-linked products and credit arbitrage - deploying similar strategies to those that took KBC's Alternative Investment Management unit to a leading position in the industry a few years ago.

Korossy was formerly co-head of KBC Financial Products, which was