In the past few years, the pages of Risk have been peppered with stories describing how senior equity and credit derivatives traders have quit their jobs on the dealing desk in favour of life as a hedge fund manager. The tale is not so common among asset securitisation specialists, but Joe Parish and Scott Shannon are bucking the trend. The duo co-founded Structured Equity Capital Partners (Sequity Capital) – a new hedge fund in North Carolina that will invest in the equity and mezzanine slices
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