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New York-based seeding specialist Protege Partners, which has been backing smaller and emerging hedge fund managers since 2002, is making a significant investment in Mill Hill Capital, the market-neutral relative value credit manager led by former Macquarie man David Meneret.
Mill Hill was founded in February 2015 by Meneret - a 14-year trading and investment management veteran who most recently served from 2012 as a senior portfolio manager for the Macquarie Credit Nexus Fund, a market-neutral relative value credit hedge fund, and as head of securitised debt and financials trading at Macquarie from 2008 until 2015.
The...