Former Citadel Portfolio Manager Launches Continuum Investment Management Hedge Fund

October 26th, 2012
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Heightened interest in residential and commercial mortgage debt has spurred portfolio manager, Kevin Scherer, formerly of Citadel LLC, to launch a new structured debt hedge fund. As reported by Bloomberg News, the new hedge fund, Continuum Investment Management, is the newest start up in what is becoming a parade of startups pursuing the recovering mortgage market.

Earlier this year, former hedge fund managers of Dalton Investments LLC and traders from Royal Bank of Canada and Bank of America created similar hedge funds. Established hedge funds, such as Brevan Howard Management LLP, D.E. Shaw & Co., and Angelo Gordon & Co. have also committed to sizable pools of structured debt in an attempt to capitalize on the deleveraging that’s occurring among financial institutions.
For Detailed Investor Profiles on these Investors, click below:
Angelo, Gordon & Co.
Brevan Howard Asset Management
Citadel Investment Group
D.E. Shaw & Co
Dalton Investments
Related People: ; Becket Wolf*; Alan Howard; Anne Dinning; Brandon Haley; Christopher Rochos; David E. Shaw; David Grossman; Derek Kaufman; Eric Wepsic; Gifford Combs; James Rosenwald III; James Vernon; Jean-Phillipe Blodget; Jeff Runnfeldt*; Joe Squeri; John M. Angelo; Julius Gaudio; Kaveh Alamouti*; Kenneth Griffin; Louis Salkind; Mark Stainton; Max Stone; Michael L. Gordon; Ryan Garino; Steve Weller*; Steven Persky; Stuart Steckler(retired)*; Trifon Natsis
Related Entities: ; ForstmannLeff LLC; Angelo, Gordon Advisers; BH Global; BH Macro; Brevan Howard Asia Fund; Brevan Howard Credit Catalysts; Brevan Howard Emerging Market Strategies Fund; Brevan Howard Macro FX; Brevan Howard Master Fund Ltd; Citadel Alternative Asset Management; Citadel Equity Fund; Citadel Kensington; Citadel Wellington; D. E. Shaw Oculus Portfolios, LLC; D. E. Shaw Valence Portfolios; D.E. Shaw Group; D.E. Shaw Investment Management; Dalton Asia Fund; Dalton Distressed Credit; Dalton Distressed Credit; Dalton Greater China; Dalton J-Reit Fund; DE Shaw Heliant Fund; Equiduct; New Castle Re; Rosenwald, Roditi & Company, Ltd.; Sowood Capital*; Swiss Reinsurance
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings


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