As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 18 hours ago
Feb 5 2010 | 1:01pm ET
Is Henry Swieca planning a second act?
The Highbridge Capital Management co-founder, who left the hedge fund giant last year after finishing his five-year commitment to new owners JPMorgan Chase, has established a family office in New York to manage his own billions. But his hiring for Swieca Holdings suggests that he has bigger plans.
Swieca has already poached an event-driven team from One East Partners, with Michael Goldberg, Michael McNamara, Nathaniel Storch and Thomas Storch joining the fold, Hedge Fund Alert reports. But he’s not done hiring, and is seeking out traders, analysts and a chief financial officer.
The CFO search suggests that Swieca may seek to build a new money management firm out of the family office.
Swieca and Highbridge co-founder Glenn Dubin, who remains at the $21 billion hedge fund, still run a fund of hedge funds business together, Corbin Capital Management.