Top US hedge fund manager joins Yellow board

Wyatt Wachtel, a former managing director at York Capital Management, has been appointed to the board of struggling New Zealand directories business Yellow.

The appointment, made on February 4, provides one clue about the current spread of debt and equity holders since the company was recapitalised more than two years ago.

Mr Wachtel is a prominent figure in the hedge fund world and was a senior executive and vice president of York Capital from 2006 until 2012.

 

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