Thursday, 30 July 2015
Last updated 10 hours ago
Oct 27 2011 | 6:44am ET
Another FrontPoint Partners executive has fled the battered, if not quite sinking, ship.
Robert Stockton was named director of investor relations at hedge fund Visium Asset Management, Pensions & Investments reports. He succeeds Kenneth Klee, who was named Visium's first director of communications.
FrontPoint, once one of the most prominent hedge funds in the business with some $7.5 billion in assets, has shriveled to a shell of itself in the wake of an insider-trading scandal that claimed its top healthcare hedge fund manager, Joseph Skowron. The firm, which spun off from Morgan Stanley earlier this year, manages less than $1 billion following the departure of credit hedge fund manager Stephen Czech and his $1.1 billion fund.
Stockton was head of investor relations at FrontPoint.
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…