FORMER CITADEL EM CREDIT TEAM AND CONNOR, CLARK & LUNN FINANCIAL GROUP LTD. JOINTLY LAUNCH FORTWOOD CAPITAL LP

Michael Mormile, former Citadel portfolio manager, along with Jonathan Hartofilis and Richard Li, are partnering with Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group) to jointly launch FortWood Capital (FortWood), a new emerging markets credit investment manager. In connection with the launch, CC&L Financial Group will provide seed capital along with investment from other clients.

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