Gallo, Hervé Jacques Blaise of Occitan Capital Partners, LLP

Hervé Jacques Blaise Gallo of Occitan Capital Partners, LLP

May 2013 Financial Times article entitled “Nomura and Reservoir-backed hedge fund shuts down”

The article states: “Occitan Capital Partners, a hedge fund that was set up by former traders from Nomura and asset manager Boussard & Gavaudan, is shutting down after two years of performance losses, according to four people familiar with the situation…”

Click here to read remainder of article (requires subscription).

De Garidel-Thoron, Thomas Henri Sylvie Marie of Occitan Capital Partners, LLP

Thomas Henri Sylvie Marie De Garidel-Thoron of Occitan Capital Partners, LLP

May 2013 Financial Times article entitled “Nomura and Reservoir-backed hedge fund shuts down”

The article states: “Occitan Capital Partners, a hedge fund that was set up by former traders from Nomura and asset manager Boussard & Gavaudan, is shutting down after two years of performance losses, according to four people familiar with the situation…”

Click here to read remainder of article (requires subscription).

Candillier, John Albert Franck of Occitan Capital Partners, LLP

John Albert Franck Candillier of Occitan Capital Partners, LLP

May 2013 Financial Times article entitled “Nomura and Reservoir-backed hedge fund shuts down”

The article states: “Occitan Capital Partners, a hedge fund that was set up by former traders from Nomura and asset manager Boussard & Gavaudan, is shutting down after two years of performance losses, according to four people familiar with the situation…”

Click here to read remainder of article (requires subscription).

Wu, John Charles of Sureview Capital LLC

John Charles Wu of Sureview Capital LLC

Media Releases

An article from Marcy of 2011 states that Blackstone Alternative Asset Management provided seed money for Sureview, a hedge fund managed by John Wu. The article states that the fund plans to invest in up to five managers by the end of 2011.

In October of 2010, John Wu was planning to launch a new global hedge fund named Sureview. He planned for the fund to obtain at least $100 million in seed money from Blackstone. Prior to this, John Wu was a Portfolio Manager at Kingdon Capital Management.

Russell, Joseph Lee, Jr. of Bell Point Capital Management, LP

Joseph Lee Russell, Jr. of Bell Point Capital Management, LP

Media Releases

In February of 2010, it was reported that Joe Russell had found 18 investors for his new hedge fund, Bell Point, who invested a total of $83.7 million. One source stated that the company “is kind of a flop,” while another source said, “it looks embarrassing that the former Citadel employee only attracted 18 investors for his new hedge fund.”

In September of 2008, Joe Russell had left his position at Citadel Investment Group. It was reported that he resigned over disagreements on how to manage the fundamental credit group. One report from a book titled The Quants, stated that the head of Citadel, Kenneth Griffin, began forcing employees out of the company as Citadel’s fortunes grew more precarious. The book goes on to report that Joe Russell had been “agitating for more power Griffin wouldn’t give it to him, and his ruthless side emerged. The word around Citadel was that Griffin and Russell engaged in a furious shouting match that left little doubt they’d never work together again. “Throw him under the bus,” Griffin was heard to say, forcing Russell out in early September.” Russell had been running one of three credit groups at Citadel. Some sources stated that Russell’s group was the only profitable one of the three, yet other sources stated that the fund was the company’s most unprofitable fund.

In November of 2007, Joe Russell led a $2.55 billion investment in E*Trade Financial Corporation for Citadel Investments. Several people on Wall Street were critical of the deal, especially after E*Trade stock dropped 37% in under a year.

In 2005, Joe Russell joined Citadel Investments. He had been previously the head of high-yield loans and leveraged debt at Credit Suisse First Boston.

In April of 2006, Joe Russell quit his position at Bennett Goodman’s budding hedge fund operation because of a dispute over Russell’s role at the fund. It was reported that the conflict arose when the company, named GSO Capital Partners, announced that Joe Russell would not be named a partner. One source stated that the partners did not feel Russell’s skills as a sell-side trader translated well to the buy-side. There was also speculation that despite the snub, Russell would stay with the company. Joe Russell originally left Credit Suisse First Boston in June of 2004 to join Bennett Goodman at GSO.

In August of 1999, Donaldson, Lufkin & Jenrette, hired Joe Russell. He had previously been employed at the high-yield sales desk of BT Alex Brown. Russell left BT Alex Brown after not being offered a role in the newly merged BT Deutsche Banc Securities.

Official website of Bell Point Capital Management: http://bellpoint.com/