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Adam Bernstein, Fund Manager at Highbridge, Plans to Start New Hedge Fund

WSJ – A veteran Highbridge Capital Management LLC fund manager overseeing investment decisions in one of its larger and more profitable hedge-fund stock portfolios has told firm executives he plans to leave with two colleagues to start a new hedge fund, according to people familiar with conversations about his plans.

Adam Bernstein, a technology sector head who began working at Highbridge almost nine years ago, intends to depart by next month along with Mark Hoffman, Highbridge’s global head of stock trading, who has worked there more than 10 years, the people said. An investment analyst plans to join them, the people said.

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