Home >> Absolute Return >> News >> News - Archive >> HBK revamps, names Lebowitz chairman as firm hits tough times

HBK revamps, names Lebowitz chairman as firm hits tough times

December 05, 2007  



Facing more than $1 billion in redemptions and its worst yearly performance ever, HBK Investments has reorganized its management structure, naming longtime partner Larry Lebowitz as chairman. David Haley was named president. Both are new positions. In an e-mail sent to investors on November 6, HBK said it was taking these steps after "analyzing carefully the...

TAKE A FREE TRIAL

The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in to AR.

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now



  1. Market wizards or masters of mirage? Noted authors Schwager, Lack and Drobny to discuss at Symposium
  2. Looking back on Elliott's enlargement and a potential pair of prop desk launches
  3. Michael Geismar’s $710,000 blackjack breakfast
  4. Investable indices are distorting commodities and futures
  5. Blunt advice for emerging managers at SALT

Popular Searches on HFI