Ex-King Street Head Trader Goodwin Is Said To Plan Fund

Ex-King Street Head Trader Goodwin Is Said To Plan FundKieran Goodwin, the former head trader at King Street Capital Management LP, plans to start a credit hedge fund in the fourth quarter, according to a person familiar with the matter.

Panning Capital Management LP, Goodwin’s New York-based firm, will begin trading in mid-October with bets on and against securities from loans to distressed assets, said the person, who asked not to be named because the information is private. Goodwin declined to comment.

Read Full Article At Bloomberg.

A DAILY ROUNDUP OF THE MOST FASCINATING WALL ST, COMPLIANCE AND REGULATORY NEWS.