A former partner with distressed-debt player Strategic Value Partners has co-founded a hedge fund firm called Normandy Hill Capital.
Geoffrey Gold is understood to have raised $110 million for an October launch of his Normandy Hill Fund. The New York-based vehicle will pursue global distressed and event-driven credit and equity strategies.
Normandy's three other founding principals are Michael Connell, Matthew Cantor and James Brook.
Gold was a partner and managing director at $5 billion Strategic Value of Greenwich, Conn. between March 2001 and January 2007.
Prior to joining Strategic Value in 2001, Gold spent 14 years at ING Barings, where