Two PMs leave Taconic to form value equity shop
By Lawrence Delevingne
Wed Jun 13, 2012
Their departure is a first for the 13-year-old event-driven firm.
Portfolio managers Adam Fox and Sam Elder are leaving $7.5
billion Taconic Capital Advisors to launch a fundamental equity
investing hedge fund, the first time in the firm’s
13-year history that two senior members have departed to start
their own shop.
Event-driven Taconic, founded by Ken Brody and Frank Brosens in
1999, announced the departures today in a letter to investors.
"The structure of our firm has...
ISSN: 2151-1845 / CDC10004H
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.