Ivory charts life after FrontPoint

Thu Jun 1, 2006



If there were ever a question regarding what Curtis Macnguyen had planned for Ivory Investment Management after its recent split with FrontPoint Partners, it was this: to continue to make money for his investors - and more of it.

Since announcing in February that his $2 billion value-oriented long/short operation would leave FrontPoint, the Greenwich, Conn., multimanager platform, Macnguyen has lost no time in hiring staff to replace the marketing and back office support it had received from FrontPoint.

  Curtis Macnguyen

Los Angeles-based Ivory has also quickly moved to beef up its investment team. Just last month, Ivory hired analysts Raji Khabbaz and Steven Baum, both formerly of Pierce Street Capital Partners, a New York long/short fund founded by Khabbaz, who previously worked...

ISSN: 2151-1845 / CDC10004H

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