Jonathan Laredo

Change is in the air, says Jonathan Laredo, partner at Solent Capital in London. He tells Nikki Marmery how Solent is structuring CDOs this year to take advantage of spread widening


Jonathan Laredo is a breed apart from the new crop of young and thrusting hedge fund managers who have made their names - and fortunes - by their late 20s trading complex derivatives at global investment banks.

Having started out at the UK's Inland Revenue, he was 30 before he even began working at a bank, joining Bankers Trust in 1989 as a tax specialist, and moving from there into government bond arbitrage and structured finance. "My career has been a series of happy accidents," says Laredo, as

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