Wednesday, 25 November 2015
Last updated 11 min ago
Oct 6 2011 | 10:29am ET
After just a year on the job, Robert Picard is out as Lyxor Asset Management's point man on managed accounts.
Picard joined Lyxor last year, signing a one-year contract as U.S. head of managed account development. According to HFMWeek, Picard may have hoped for a promotion to CEO of Lyxor's U.S. business, although it is unclear why he chose to leave the firm.
Picard, who worked at Navigant Consulting, Optima Fund Management and the Carlyle Group before joining Lyxor, is staying busy, serving as a consultant for several hedge funds. He is expected to find a full-time job with another firm within a few months.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…