The former Citadel EM Credit PM team including Michael Mormile, Jonathan Hartofilis and Richard Li have teamed up with Canadian multi-boutique asset manager Connor, Clark & Lunn to create FortWood Capital as a new boutique.

FortWood will offer absolute return and active long-only EM strategies. Warren Stoddart, CC&L CEO said the new venture „provides clients with the opportunity for additional diversification.“

The firm will be headquartered in Greenwich as part of the CC&L family of companies, which total some CAD 118 billion in 80+ strategies.

Exciting times for credit, with teams and acquisitions.

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