Connecticut-based FrontPoint Partners has hired a credit relative value team comprised of former Clinton Group employees Robert Wenzel and Robert Smalley, the tenth strategy on the FrontPoint Platform.
Wenzel and Smalley will be based in New York and will take a relative value approach to the global credit, structured credit and credit derivative markets. Wenzel was a senior portfolio manager at Clinton Group, where he was in charge of credit arbitrage and oversaw a team of credit traders. He has worked in the fixed-income markets for 12 years with an emphasis on credit derivatives.
Smalley was director of