Anyone Wanna Work For Zoe Cruz?
A number of new positions have recently come up at the former Morgan Stanley exec's firm, (potentially) including that of CFO. If that doesn't tickle your fancy Voras Capital Management is also in need of a couple of traders and a head of IR.
Several key employees have either left or plan to leave the firm, which has had trouble raising money from investors, The Post has learned. The New York firm is also shuttering its credit fund -- one of just two Voras funds. "As credit has rallied over the last several years there was little appetite for long-term lockups in a credit fund, so Voras is closing its credit fund with a vast majority of the credit investors moving to the Voras Macro fund, which continues to grow and is performing with its peers," a Voras spokesman told The Post.
The personnel changes "are associated with the closing of the credit fund," he said. Ellen Brunsberg, who was tapped to run Voras' credit fund out of London, jumped ship earlier this year. She was followed recently by David Markus, a corporate bond expert. Voras' head of marketing and investor relations is no longer there, while CFO Richard Bani is on his way out the door, according to one source.
John Mack's got time on his hand, perhaps he'll want to put in a resume and get the band back together?
Cruz Missile A Dud [NYP]
Earlier: Some People Less Amped About Zoe Cruz’s New Hedge Fund Than Others