Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Ex-blackrock Credit Chief's Hedge Fund Gets Blackstone Backing
Hedge Funds

Ex-blackrock Credit Chief's Hedge Fund Gets Blackstone Backing

by bloomberg.com posted 6days ago 10 views
A hedge fund startup run by Michael Phelps, a former head of European credit at BlackRock Inc., has attracted a $200 million investment from Blackstone Group LP, according to a person with knowledge of the matter. That puts Phelps’s Tresidor Investment Management on course to become one of the largest new funds in London this year. Stuart Roden, a former chairman of Lansdowne Partners, is also backing Tresidor and will join as a non-executive chairman, the person said, asking not to be identified because the information is private. Spokesmen for Blackstone and Tresidor declined to comment.

In this article