Zoe Cruz Hedge Fund
March 7, 2012 by staff
Zoe Cruz Hedge Fund, After fund raising for nine months, Zoe Cruz’s Voras Capital Management has raised $200 million, says Financial News. oras (the Greek word for “north” and) is split into two separate investment funds: a global macro fund and a credit opportunities fund.
Cruz runs the global macro; Ellen Brunsberg, who previously ran Morgan Stanley’s European securitised products group, runs the credit opportunities fund.
Other people she snagged for the fund include: Philip Newcomb, the former co-head of interest rates and currencies at Morgan Stanley, David Irving, the former co-head of the European mortgage trading desk at Morgan Stanley, and Justin Worrall, the former head of European residential mortgage-backed securities structuring andanlytics group at Morgan Stanley.
It’s pretty impressive that Cruz got $200 million. As one unnamed fund of funds manager explains to Financial News:
“There wasn’t a track record in managing money that she could point to. It’s hard to predict how well she will do.”
Please feel free to send if you have any questions regarding this post , you can contact on
Disclaimer: The views expressed on this site are that of the authors and not necessarily that of U.S.S.POST.