Gaining the competitive edge

Mark Erenstein lives a double life. One role on his CV is executive vice president of bankrupt and distressed securities at broker Garban Corporates, a division of ICA plc. However, in addition, he is also founder, president and chief investment officer of Pronous Asset Management, a fund of hedge funds that invests in event driven hedge vehicles. In recent times, Erenstein has also been living a charmed life. On the morning of 11 September 2001 he was seated in his office at Garban's New Y