Hedge Funds

Pequot's Samberg lands John Mack as chairman


Pequot Capital Management founder Art Samberg today named former Credit Suisse chief John Mack to the post of chairman, a role aimed at helping to recruit new staff and expand Pequot's already formidable hedge fund platform across new regions and asset classes.

Going forward, Samberg will remain the Westport, Conn. firm's chief executive officer, running its day-to-day operations and its core portfolios.

"John has vast experience in markets around the world, a powerful global network of relationships, and enormous energy that will help us to pursue new opportunities and keep generating returns for our clients," Samberg said in