Russekoff’s Hedge Fund Smith Cove Hires Ex-Perry Exec Gulati

(Reuters) Hedge fund manager David Russekoff has hired Chetan Gulati, a former colleague from Perry Capital, to beef up the investment team at his newly formed firm Smith Cove Capital.Gulati will work in London, a spokesman for Smith Cove confirmed on Tuesday.

Russekoff and Gulati will reunite at Smith Cove after having worked together at Perry for eight years. Russekoff, who had been Perry’s chief investment officer, left the firm in 2015 and Gulati, who specialized in buying distressed structured securities, stayed through 2016 when Perry announced plans to shut down.
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