Post by Nick McEwen

Kite Lake recruits Tyrus converts head 9 JUN 2026 Fraser Irving https://lnkd.in/eHxmW9eF Event-driven HF makes three senior investment hires in London headquarters Event-driven hedge fund Kite Lake has recruited a senior Tyrus Capital duo alongside a real estate credit veteran. Damien Regnier has joined as a partner in the firm’s credit team. He brings 18 years of experience launching, trading and managing convertible bond and credit strategies. He was previously head of convertible bonds at Tyrus Capital, where he managed convertible arbitrage positions as well as a long-only convertible bond fund. Prior to that, he was a partner at Tyndaris, a London-based alternatives manager that was acquired by Tyrus in 2020, where he launched and managed a $400m convertible bond strategy. Before Tyndaris, Regnier was a senior PM at Deutsche Bank in Frankfurt, overseeing more than $5bn across convertible bond and high-yield credit strategies. During his tenure, he redesigned the DWS Invest Convertibles Fund, growing assets from $700m to over $2bn. Tom Roberts has also joined Kite Lake, having spent over 20 years working in arbitrage and long-only convertible and derivatives markets. From 2020, he co-managed arbitrage and long-only convertible bond strategies at Tyrus Capital, working alongside Regnier . He headed Emea convertible bond sales at HSBC and built an Asia-Pacific convertible and equity-linked platform at Citigroup. Ali Ettehadieh has joined Kite Lake to focus on real estate credit investments. He has over 33 years’ experience in finance, as an investment manager and principal investor in real estate, as well as a structurer and arranger in asset-backed products. Since 2014 Ettehadieh has been the CEO of The Freehold Corporation, a firm he founded to focus on structuring real estate products. Before that, he advised hedge funds on restructuring and recovering real estate and asset-backed investments after the global financial crisis. He also spent stints at Cheyne Capital’s special situations team, Nomura’s asset finance group, and Bear Stearns’ European real estate lending business. The Kite Lake Special Opportunities Fund re-opened for one day on April 1 having been hard closed for 18 months, taking in an additional $700m. The fund returned 17.9% last year and is up 6.1% YTD. The Ucits version of the strategy which remains open is up 5.1% YTD having returned 13.8% in 2025 while the Firm’s EM Credit Fund is up 6.6% YTD. Kite Lake has around $3.9bn in assets under management.