EIM’s Prestandrea Is Said to Join Hedge Fund Element Capital
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Adam Prestandrea has stepped down as co-head of investments at Arpad Busson’s EIM SA to join hedge fund Element Capital Management LLC, according to two people familiar with the matter.
Prestandrea, who was based in EIM’s New York office, also served as director of research, said the people, who asked not to be identified because the firm is private. Element Capital is a New York-based fixed income firm led by Jeffrey Talpins.