Chehayeb Said to Quit Exotix for Distressed-Assets Firm
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Gus Chehayeb left his role as head of Middle East and Africa credit research for Exotix Ltd. to start a company in Dubai that will invest in regional distressed assets, a person familiar with the plan said.
The firm will also focus on investing in so-called special situations, the person said yesterday, asking not to be identified because the details aren’t yet public. Exotix confirmed Chehayeb’s departure in an e-mailed statement, without specifying when he left. Chehayeb, 33, joined the investment-banking boutique in 2010, specializing in high-yield and distressed assets.