Perry Capital’s Westhus Begins Plans for Distressed Fund
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Todd Westhus, one of the top money managers at Perry Capital, is in the preliminary stages of starting his own hedge fund, according to people with knowledge of the matter.
The new fund, which will focus on investing in distressed assets, will be co-founded by Doreen Mochrie, another partner at Perry who oversees investor relations, the people said. Westhus, who sat on the investment committee at Perry, is planning to start the fund in early 2018, they said. Westhus declined to comment on the plans.