Wednesday, 29 July 2015
Last updated 6 min ago
Jan 14 2010 | 1:25pm ET
A Fortress Investment Group veteran is planning a global macro hedge fund of his own.
Sri Wijegoonaratna has founded a new firm called Galle Global Partners and is readying its maiden fund for launch, The Wall Street Journal reports. Wijegoonaratna, better known as “Wije,” was co-manager of Fortress’ flagship Drawbridge Global Macro fund.
Drawbridge, which was hit by double-digit losses in 2008 and saw redemptions suspended, bounced back last year, rising more than 20%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…