Launches & Closures People Moves

Tyser and Zekrya join forces for Belay European equity venture

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Long-established hedge fund managers Harry Tyser and Daoud Zekrya are getting ready to launch their Belay Partners long/short large-cap European equity operation, which sources say will start trading with some $50 million of initial permanent capital in the fourth quarter.

Tyser and Zekrya are old hands in the business, with a strong track record in both bull and bear markets - and have shared a personal and professional relationship for some 20 years.

Both men were recruited into the hedge fund world by Ian Wace in 2001. Tyser successfully ran the Maga fund, initially backed by Marshall Wace, in partnership