ReportonBusiness.com- Hedge fund manager Matthew MacIsaac was near the end of a pre-St. Patrick’s Day party blitz when he allegedly bought cocaine for a woman at a Toronto after-hours club.
Unfortunately for the 32-year-old executive at MM Asset Management Inc., one of Canada’s top-performing funds, the woman was an undercover cop.
On March 17, police said that Mr. MacIsaac, ranked among Canada’s most successful fund managers, had been charged with conspiracy to traffic cocaine.
He was among 33 people arrested after police raided a bar called the Comfort Zone at 4:30 a.m. on a Sunday.
