Attias Out At Rubicon

Jan 24 2011 | 10:04am ET

Rubicon Fund Management has parted ways with the co-head of its global macro fund.

Timothy Attias "has left the firm to pursue other opportunities," a spokesman for the hedge fund told Bloomberg News. Co-chief investment officer Santiago Alarco will now serve as sole fund manager of the US$1.6 billion vehicle.

"After two succesful years trading with us, I would like to thank Tim for his contribution," the spokesman, Toby Bates, said.

It is unclear what Attias' plans are. His U.K. Financial Services Authority registration has been inactive since Jan. 13.


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