Tuesday, 16 September 2014
Last updated 43 min ago
Nov 17 2010 | 12:59pm ET
Shumway Capital founder and namesake Chris Shumway is reducing his day-to-day role at the Greenwich, Conn.-based hedge fund.
Shumway will give up his title as chief investment officer and step away from daily investment decision making, Bloomberg News and AR magazine report. The handover of those responsibilities to Tom Wilcox will be completed in January.
In light of the news, the hedge fund has given its investors more time—until Dec. 3—to file redemption requests.
Shumway, a veteran of Julian Robertson's Tiger Management, will become CEO of the $9 billion hedge fund. He founded Shumway Capital in 2002.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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