Former Soros Partner Medley Dies

Nov 21 2011 | 12:11pm ET

Richard H. Medley, a former partner of billionaire George Soros and the founder of hedge-fund advisory firms has died at age 60.

A statement from his firm, RHM Global, said Medley died Nov. 16 at New York Presbyterian Hospital/Weill Cornell Medical Center after a brief illness.

Medley’s financial market and political analysis reports had a wide following on Wall Street. In 1995, he founded the New York-based hedge fund adviser, Medley Global Advisors, which he later sold to Boston Ventures Management and Castanea Partners. Medley later founded RHM Global.

Prior to founding his own firms, Medley had worked as a partner, managing director and chief political adviser at Soros Fund Management. He was also chief economist for the U.S. House Banking Committee and chief of staff for the Senate Democratic leadership, according to the RHM statement.

His funeral will take place on Nov. 21 at Brick Church in New York.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...