Feuerman Quits Caxton For AllianceBernstein

Apr 15 2011 | 12:14pm ET

Kurt Feuerman has left Caxton Associates for AllianceBernstein—and he's taking his funds with him.

Feuerman, a managing director at the New York-based hedge fund, is set to join AllianceBernstein by the end of next month or beginning of June, the asset manager said. He'll continue to manage two of the funds he runs at Caxton: Equity Growth and Alpha Equity, with AllianceBernstein becoming the investment manager of those funds.

It is unclear how large the funds Feuerman is bringing with him are. He will serve as senior vice president and portfolio manager for U.S. equities at Alliance Bernstein.

"Kurt is an accomplished investor who strengthens our equity team and brings valuable expertise in long/short portfolio management," said Sharon Fay, AllianceBernstein's head of equities. "Our firm is committed to recruiting top investment talent when the opportunity arises. Kurt has compiled an impressive, consistent track record and adds another experienced perspective to our equity team."

Feuerman has been with Caxton for more than a decade. Before joining the hedge fund, he was a Morgan Stanley managing director.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?