Hedge Funds

Ex-CQS man Benson's Ravenscourt profits in volatile credit environment


Punchy gains in June should help to deliver capital inflows into a very scalable strategy

Ravenscourt Capital, the long/short European credit firm led by former CQS and Lehman Brothers fixed-income chief Mark Benson, has made an impressive start in the volatile credit market environment since it began trading last October.

A punchy gain of some 8.5% in June takes the total net return on the Ravenscourt Multi-Strategy Credit fund to over 20% in its first nine months, with the experienced eight-strong team - most of whom previously worked with Benson at Lehman or CQS - finding a broad array of