Thursday, 18 December 2014
Last updated 18 hours ago
Mar 15 2010 | 1:59pm ET
Dilan Siritunga, the long-time right-hand man of Atticus Capital founder Timothy Barakett, plans to found his own hedge fund.
Siritunga has left New York-based Atticus and will go into business for himself, Reuters reports. His new firm remains unnamed, but Siritunga is continuing to work from the same Manhattan office building where Atticus is based.
It is a much-reduced Atticus: In August, Barakett stepped down from day-to-day management, shuttering its flagship hedge fund and another fund, which managed a combined $4.1 billion. The once-$20 billion firm now manages less than $2 billion.
Since Barakett’s decision, a slew of fund managers have left Atticus to found their own firms. Barakett has seeded some of them, and will invest in Siritunga’s debut offering, according to Reuters.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.