CQS Said to Plan Equity Hedge Fund With Ex-SAC Manager Morant

Bloomberg – CQS U.K. LLP, the $12 billion hedge-fund firm founded by Michael Hintze, is looking to start an equity fund as the company expands beyond its focus on credit investments, said two people familiar with the matter.

The new hedge fund would be managed by David Morant, who joined London-based CQS fromSteven Cohen’s SAC Capital Advisors LP last year, said the people, who asked not to be identified because the information is private. The fund would focus on European stocks, betting on both rising and falling prices, the people said.

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