LONDON/ZURICH (Reuters) – The chief executive of 1 of Europe’s many talked-about new hedge fund companies has stepped down inside a call to conserve bills following a big trader pulled its help, individuals familiar with all the condition mentioned. London-based Portman Square Capital was founded by Citigroup’s previous head of proprietary trading Sutesh Sharma last year however is yet to commence trading. It has scaled back funding plans to $ 210 million from an authentic $ 500 million target, mentioned 2 sources whom talked found on the condition of anonymity due to the sensitivity of the matter. …
Business News Headlines – Yahoo! News
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