RBS Distressed-Debt Trader Jon Weiss Said to Join Candlewood
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Jon Weiss, the former global head of a special situations group at Royal Bank of Scotland Group Plc, is joining Candlewood Investment Group LP as hedge funds pick off debt traders from Wall Street.
Weiss will join the $2.9 billion credit firm as a managing partner and money manager later this year, according to a person familiar with the matter who asked not to be identified because the information is private. Janet Miller, general counsel and chief operating officer at New York-based Candlewood, declined to comment.