{"id":18552,"date":"2010-10-28T06:58:16","date_gmt":"2010-10-28T10:58:16","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=18552"},"modified":"2010-10-28T11:08:21","modified_gmt":"2010-10-28T15:08:21","slug":"london-hedge-fund-trades-2-75-billion-in-first-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2010\/london-hedge-fund-trades-2-75-billion-in-first-year.html","title":{"rendered":"Update: London Broker Dealer Trades $2.75 Billion In First Year"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/image2991.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-18554\" title=\"distressed debt\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/image2991-300x294.jpg\" alt=\"\" width=\"210\" height=\"206\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/image2991-300x294.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/image2991.jpg 368w\" sizes=\"auto, (max-width: 210px) 100vw, 210px\" \/><\/a>New York (HedgeCo.net) &#8211; London based distressed debt firm, Yorvik Partners LLP., has completed its first 12 months of operations having successfully traded $2.75 billion of distressed and esoteric credit products since its inception.<\/p>\n<p>&#8220;Whilst we thought there was a\u00a0real demand in the distressed credit space for an independent research focused intermediary &#8211; we have\u00a0been overwhelmed by the strong reception we received from customers.&#8221; Founding partner Simon Mullaly said, &#8220;It has been a very rewarding start\u00a0to a new business and we are indebted to everyone who has helped us get this far.&#8221;<\/p>\n<p>Yorvik was founded by industry veterans Simon Mullaly and Lars Lemonius who both left bulge bracket\u00a0investment banks prior to the downturn in 2008. Yorvik was established in September of 2009. Credits\u00a0traded by Yorvik include many of the bankrupt Icelandic financials as well as various Lehman entities\u00a0including European and Asian subsidiaries.<\/p>\n<p>In addition Yorvik has established an emerging\u00a0market presence in Eastern Europe and the Middle East, being active in BTA, Rusal, AWAL &amp; Dubai entities\u00a0amongst others.<\/p>\n<p>Editing by Alex Akesson<br \/>\nFor <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; London based distressed debt firm, Yorvik Partners LLP., has completed its first 12 months of operations having successfully traded $2.75 billion of distressed and esoteric credit products since its inception. &#8220;Whilst we thought there was a\u00a0real [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,14],"tags":[],"class_list":["post-18552","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","category-success-stories"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=18552"}],"version-history":[{"count":7,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18552\/revisions"}],"predecessor-version":[{"id":18555,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18552\/revisions\/18555"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}