Bloomberg – Alistair Lumsden, who stepped down as head of a $2.3 billion hedge fund focused on asset-backed securities at CQS U.K. LLP last year, is starting his own firm, said a person with knowledge of the matter.
Lumsden, 44, plans to start trading at his London-based East Lodge Capital Partners LLP next year, said the person, who asked not to be identified because the firm is private. The company will trade European and U.S. credit with a focus on corporate bonds and structured debt, said the person.
