Launches & Closures Hedge Funds

Subprime star Greg Lippmann’s hedge fund staffs up

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LibreMax hires marketer, prepares for October launch

Greg Lippmann
(Source: Deutsche Bank via Bloomberg News)
LibreMax Capital, founded by star subprime profiteer Greg Lippmann and a group of Deutsche Bank traders earlier this summer, has named its marketing head and is aiming to launch its funds in October.

John Curran joined earlier this month as director of marketing. He was previously in a marketing and investor relations role at distressed Greenwich, Conn. hedge fund Restoration Capital Management. He will be working with institutional investors and family offices. Restoration Capital declined to comment.

Lippmann, formerly the global head of Deutsche Bank’s asset-backed securities trading, left