Hedge Fund News From HedgeCo.Net


SAC Hires Back Two Hedge Managers in London Let Go Months Ago

Bloomberg – SAC Capital Advisors LLC, the $14 billion hedge-fund firm run by Steven Cohen, rehired two London money managers nine months after they were let go, according to three people familiar with the situation.

David Morant and Ben Halfacre started work again this week at SAC’s London offices on Paternoster Row, the people said. The two were among at least a half-dozen traders and managers who were dismissed by SAC as hedge funds retrenched last year after the industry’s worst returns in almost two decades.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>