Sam Vulakh, former director in credit derivatives trading at Credit Suisse First Boston in London, has joined New York-based hedge fund start up Panton Capital as a partner. Panton, a credit arbitrage hedge fund, was launched in February by group principal Kassy Kebede, whose former roles include head of European fixed income derivatives and global equity derivatives at Deutsche Bank, explained an official. The fund focuses on relative value opportunities in the cash, derivatives and structured credit markets and trades traditional credit products including bonds, loans and credit default swaps, said Vulakh. It also enters index, volatility and correlation trades, he added.
Vulakh referred further questions to Denise Stoot, spokeswoman in New York, who did not return calls. Vulakh exited CSFB last October.
