Traxis Partners has hired a portfolio manager from London-based Rubicon Fund Management to run a second hedge fund that will launch this summer.
The new offering, Traxis Emerging Markets Opportunities Fund, will be managed by Amer Bisat, who ran a similar portfolio for Rubicon's global macro fund. Bisat, who left Rubicon in March, has joined Traxis as its fourth managing partner. Traxis is hiring additional staff to round out Bisat's team.
Traxis hired Bisat in part to fill a fixed-income deficit among its managing partners, who are largely equity specialists.
"It's good to have someone