Mount Kellett said retrenching
Mount Kellett Capital Management, the special situations fund founded by former Goldman Sachs proprietary investment star Mark McGoldrick, has reportedly cut the headcount in its 30-person Hong Kong office by up to one third, with most or all of these investment professionals, and abandoned plans to open in Beijing.
Among the reported departures are Zhu Jianyi, the firm’s Greater China head, and Blake Hutcheson, co-founder and head of distressed real estate investment at Mount Kellett, who quit in late 2009 to join...
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