WSJ – Zoe Cruz, the former Morgan Stanley (MS) fixed-income banker whose direct style and profit-machine status earned her the nickname “Cruz missile,” has finally lifted off with her own hedge fund Voras Capital Management.
Cruz, who has been fund-raising for nine months, has raised $200 million in total for Voras, according to people close to the firm, and has established two separate funds. One of the funds, a global macro strategy, is run by Cruz herself, and the other, a credit opportunities fund, is managed by Ellen Brunsberg, who previously ran Morgan Stanley’s European securitised products group.
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