Former Kingdon executive Philip Hilal to launch hedge fund

Reuters – A former executive from Kingdon Capital plans to launch a hedge fund in the first half of 2015, marking the latest in a string of spinouts from prominent industry firms.

Philip Hilal is setting up Clearfield Capital Management, a special-situation hedge fund that will focus on long/short equity and event-driven investments, said a person familiar with his plans who was not permitted to speak about them publicly because the fund is private.

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