Hedge Funds

Grech jumps ship minutes after launch


Just minutes after joining Round Tower, Matthew Grech, the former Zweig-DiMenna analyst who recently joined former star mutual fund manager Fergus Shiel, abandoned ship in what may be the fastest departure to hit the hedge fund industry this year. Although both parties have said the split was amicable, industry speculation is that Grech may have been unhappy over his lack of control within the portfolio. Grech joined the Boston-based fund just before its launch in September as an assistant portfolio manager.