Tudor stable cut to two funds


At its peak, Tudor Corporation was running five separate strategies, but today it is down to two following the surprise decision to shut down the $550 million Tudor Hawthorn, the European equity fund managed by Tom Bannatyne.

The move follows hot on the heels of the decision by Dwight Anderson, who had been running the $800 million Ospraie natural resource fund to leave to start his own shop. Back in 2000, Tudor shut down Mark Heffernan's Upper Mill fund. Heffernan eventually left and recently stated his own fund, Satoha.

From holding the position of being one of the few major