Jim Finkel, former managing director in Deutsche Bank's global CDO group in London, is pounding the pavement for capital to launch a structured credit hedge fund. Former colleagues said Finkel is likely to team up with a trader as his expertise is in structuring. Finkel is a veteran of the CDO market, having also held roles in structuring and sales at Bear Stearns, but has not held senior risk taking roles, according to associates. Unless he teams up with well-renowned traders this could hinder his search for capital, noted rival CDO professionals.
Finkel, who left Deutsche Bank in February, and a Deutsche Bank spokeswoman, did not return calls by press time.
