LMR Partners Co-Founder Manuel Said to Plan Own Macro Hedge Fund

(Bloomberg) Andrew Manuel, a co-founder of the $2.5 billion hedge-fund firm LMR Partners LLP, is preparing to start his own global macro hedge fund with two partners later this year, according to two people with knowledge of the matter.

Manuel left LMR in 2015 and is setting up Ixworth Capital LLP in London, said the people, asking not to be identified because the information is private. The ex-Goldman Sachs Group Inc. trader will be joined by former LMR colleague Sebastien Di Meo, who most recently worked at Symmetry Investments, and Jonathan Ridgway, who used to work for Barclays Plc, the people said. Manuel declined to comment.

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