학술논문
Credit Veteran Nick Pappas to Start Own Investment Fund.
Document Type
Article
Author
Source
Subject
*Endowments
*University investments
*Debt
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Language
Abstract
Nick Pappas, a credit specialist with experience at CQS and Goldman Sachs, is starting his own debt fund called Faros Point Capital Management. The fund will focus on European investments and has received backing from US college endowments. Faros Point aims to close the fund to new capital within six months or when it reaches $500 million. The fund is targeting 20% net annualized returns and will be based in London. [Extracted from the article]