Hedge Fund Pine River Loses More Partners After Asset Decline

(Reuters) Hedge-fund firm Pine River Capital Management LP is losing two more partners following a difficult year that involved a restructuring and major decline in assets, people familiar with the matter told Reuters.

Franklin Parlamis, the firm’s most senior executive on the West Coast who had been with the firm for a decade, left Pine River in late-February, said two people familiar with the matter who were not permitted to discuss the private fund’s personnel movements publicly. He is now working on his own business, Aequim Alternative Investments.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply