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Hedge Funds

Russekoff's Smith Cove Capital Hires Ex-Perry Distressed Specialist Gulati

by posted 1year ago 315 views
David Russekoff’s new hedge fund Smith Cove Capital has brought former Perry Capital executive Chetan Gulati aboard as the firm begins to build out a London-based investment team. The two hedge fund veterans worked together at Perry Capital, according to a Reuters article. Russekoff was Perry Capital’s chief investment officer until 2015, while Gulati was a distressed securities specialist and ran Perry’s London office until it closed last year.  Perry Capital closed in September after its founder, Richard Perry, concluded “the industry and market headwinds against us have been strong, and the timing for success in our positions too unpredictable.”...