Alistair Lumsdem’s London-based East Lodge Capital Partners is now opened to external investors.
The New York Times reported that the East Lodge Capital credit opportunities fund is targeting to raise $250 million in assets within three months of trading.
Lumsdem, East Lodge’s founder and chief investment officer, was previously the manager of CQS’ $3.2 billion asset-backed securities fund. He left CQS in 2012.
Estimated performance during April, when the fund used just internal money, was 4.27%.