Cheyne partner Massoud readies own hedge fund for Q3 launch- sources

Reuters – Former partner at hedge fund Cheyne Capital, Michel Massoud, is preparing to launch his own hedge fund in the third quarter of 2015 to bet on corporate events such as mergers and acquisitions, three sources told Reuters.

Massoud, who co-managed Cheyne Capital’s event-driven fund, left the London-based hedge fund last year after more than nine years at the firm that manages about $6 billion in assets.

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