RAB Salesman Leaves For Chilton

Jun 30 2011 | 12:08pm ET

James Duckworth-Chad has fled the sinking ship that is RAB Capital for a hedge fund not in imminent danger of ceasing to exist.

A sales director at RAB for almost four years, Duckworth-Chad will join Chilton Investment Co., Dow Jones reports. The US$7 billion firm specializes in long/short equity investments.

RAB last week finalized plans to de-list from the Alternative Investment Market and become a private company. The firm will halve its staff and this week struck a deal to sell two of its hedge funds, holding on to just four. RAB said its assets under management will drop below US$200 million by October, down from US$7 billion four years ago.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note