Paul Orwicz to rejoin SAC as Sursum shuts
By Lawrence Delevingne
Fri Dec 23, 2011
The troubled firm will close less than two years after its high-profile launch.
Paul Orwicz, the hotshot SAC Capital Advisors portfolio manager
who left to launch his own fund last year, plans to rejoin
Steve Cohen's multibillion-dollar firm following the rapid
decline of his long/short equity shop Sursum Capital
Management, according to former employees and people familiar
with the situation.
||Amateur racer Paul
Orwicz drives his Porsche in a 2006 Mid-Ohio
Sports Car Course event (Photo: Eric Gilbert/
In going back to SAC and shutting Sursum, Orwicz ends a
short-lived foray into running his own firm. After launching in
ISSN: 2151-1845 / CDC10004H
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