Hedge Fund Founder Takes ‘Columbia Journalism Review’ Post

Dec 22 2010 | 11:01pm ET

Forced to shutter his hedge fund in the face of mounting redemptions last year, Alson Capital Partners founder Neil Barsky is returning to his first love.

Barsky has been named chairman of the board of overseers of the Columbia Journalism Review. Barsky managed Alson from 2000 through last year, by which time the fund had shrunk from $3.5 billion to $800 million. At the time, he said he would probably “never again manage another hedge fund.”

Instead, the former Wall Street Journal real-estate reporter will help look after the CJR, which hired its first full-time publisher this year and plans to hire a director of development. CJR editor Mike Hoyt noted, “journalism reviews are not the most lucrative enterprises around.”

Barsky is a 1984 graduate of the Columbia University’s prestigious Graduate School of Journalism.

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