Bloomberg – Chris Boas, a former global head of credit at Citadel LLC’s securities unit, canceled plans to start his own hedge fund after failing to raise money from investors.
Boas’s Longwood Credit Partners LLP “has decided not to pursue investor funds due to fundraising market conditions,” Andrew Honnor, a spokesman for the London-based firm, said in an interview today. Boas didn’t return an e-mail seeking comment.