Economic Times – Two former UBS Group AG bankers are preparing to start a global cross-asset, long-biased hedge fund in January to bet on out-of-favour companies and events such as mergers and acquisitions and spin-offs.
Laurent Constanty and Fabien Baetz, both former executive directors at the fixed income solutions group of the Swiss bank, will launch the Reaching Value and Opportunities Fund with about $20 million, most of which is their own money.
