Wednesday, 1 July 2015
Last updated 8 hours ago
Dec 30 2010 | 12:55pm ET
A former Duquesne Capital Management portfolio manager has joined the Blackstone Group's fund of hedge funds unit.
Greg Geiling was named a managing director at Blackstone Alternative Asset Management. He will oversee research on opportunistic investments and is charged with coordinating the investment ideas from a variety of Blackstone units, CEO J. Tomlison Hill said.
"We're very excited to have a hedge fund portfolio manager of Greg's caliber joining the BAAM research effort," Hill told Pensions & Investments.
Geiling begins work at the $33.1 billion unit on Jan. 3.
Geiling was previously a multistrategy portfolio manager at New York-based Duquesne. In the summer, Duquesne founder Stanley Druckenmiller announced plans to shutter the firm; a half-dozen other former Duquesne managers are preparing to launch their own fund, Point State Capital, next year with $5 billion, all of it from Druckenmiller and former Duquesne investors.
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…