Hedge Fund Oceanwood Promotes Garcia-Woods to Number Two

(Reuters) Oceanwood Capital Management has promoted Julian Garcia-Woods to the role of chief portfolio advisor in a reshuffle of the $2 billion (£1.5 billion) hedge fund’s leadership, a source with direct knowledge of the matter told Reuters. Set up by Chief Investment Officer Christopher Gate in 2006, Oceanwood’s flagship fund focuses on event-driven investing across the capital structure in European companies, with a second fund focused on financials.

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