Crispin Odey Hires Goldbridge Hedge-Fund Co-Founder Shewaram

Odey Asset Management LLP has hired Dipankar Shewaram, the co-founder of hedge fund Goldbridge Capital Partners, as a money manager in London.

Shewaram said he started at the investment firm run by Crispin Odey last week. He will co-manage the $300 million Odey Odyssey Fund with Tim Bond, a former Barclays Plc managing director who joined Odey in 2010, according to a company statement.

"Loose monetary policy has created valuation distortions in all asset classes, which will lead to good opportunities for our clients,” Shewaram said in the statement.

Odey, founded in 1991, is one of the largest hedge funds in London, managing about $8.8 billion across a number of strategies, according to the firm’s website.

Goldbridge, a credit and distressed debt investor, was co-founded by Shewaram and former BlueBay Asset Management fund manager Gina Germano in 2011 with financial backing from Northill Capital LLP. Shewaram left Goldbridge in 2014 and the firm shut down last year. Germano joined Hayfin Capital Management in 2015.

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