Giving Up the Hedge-Fund Rat Race At Age 28
Wednesday, April 8, 2009 : PermalinkWall Street Journal Blogs – Wasim Rehman, the 28-year-old head of risk controls at the hedge fund manager Marshall Wace, has resigned from the partnership and plans to retire from the investment industry.
In a statement to the market this morning, Marshall Wace said Rehman would continue as a consultant to the company, initially full-time as chairman of the firm’s quantitative oversight committee, but then becoming part-time and “thereby fulfilling his desire to pursue other opportunities outside of the industry.”
Tags: blogs, desire, full time, hedge-fund-manager, investment-industry, marshall wace, oversight committee, part time, partnership, risk controls, stock increase, wall street, wall-street-journal
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