Hedge Funds

Chapwood Capital picks up long/short credit strategy


Chapwood Capital has lured a team of seasoned credit managers to run a long/short credit strategy from its newly launched hedge fund platform. This is the first strategy that Chapwood has announced. The firm is expected to unveil more funds shortly.

Kevin McCormick has joined Chapwood as a portfolio manager from Weiss, Peck & Greer, where he led the high-yield group and managed the now liquidated WPF Credit Arbitrage Fund.

Harry Sharlach has joined Chapwood as senior analyst and trader from Advent Capital Management, where he was co-portfolio manager of the Advent Credit Opportunity Strategy Fund. Prior to Advent, Sharlach