Hedge Funds

Ex-Clinton mortgage specialist readies fund

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Seth Fischoff, a former portfolio manager for both the multi-strategy and mortgage arbitrage portfolios at Clinton Group, is readying a multi-strategy fund under his new firm Agamas Capital Management. Fischoff has teamed up with Gregory Jacobs, who hails from RBS Greenwich Capital, where he was responsible for the non-agency and commercial trading desk, and former Deutsche Bank Asian equity derivatives and Japanese cash trading specialist Michael Reeber.

The new fund, Agamas Continuum, will invest in commercial and residential MBS, agency bonds, asset-backed bonds involving consumer-related receivables, convertible securities and equity derivatives. Fischoff spent 11 years at the Clinton Group,