Hedge Fund BFAM Shuts London Office, Senior Staff Exits

BFAM Partners (Hong Kong) Ltd. parted ways with one of its most senior portfolio managers and shut its London office, marking the latest shake up at the hedge fund which was a high profile trader of China high-yield property debt.

Emmanuel Slezack, who led equity volatility trading, joins earlier departures by Eugene Fung and Danny Scinto, the company said in an email. The three were previously senior portfolio managers heading separate strategies under founder and Chief Investment Officer Benjamin Fuchs.

BFAM, founded in 2012, oversaw about $5 billion at its peak and delivered gains in each of its ...