Suttonbrook to open for additional capital

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New York-based Suttonbrook Capital Management will reopen to $150 million of fresh capital during the second quarter.

The firm, which manages just under $1 billion in assets, was founded by Highbridge Capital Management alums John London and Steve Weinstein.

The fund has produced positive returns every year since inception

The pair have managed a flagship multistrategy fund since April 2002 and rolled out a leveraged feeder-fund in October of last year.

The multistrategy fund invests 80% of its portfolio in event-driven trades and 20% in opportunistic convertible arbitrage in both Europe and the United States. The fund, which netted