Sunday, 28 December 2014
Last updated 5 hours ago
May 3 2012 | 12:58am ET
A new hedge fund planned by veterans of Goldman Sachs and Tudor Investment Corp. has been put on hold after one of its founding partners suffered a stroke.
Richard Ruzika remains in intensive care at a Connecticut hospital. The 53-year-old suffered the stroke on April 22, three days after having surgery on his left knee.
Ruzika, former global head of special situations at Goldman, founded Greenwich, Conn.-based Dublin Hill Capital earlier this year with fellow Goldman veteran Lance Bakrow and Joe Howley, formerly of Tudor. Ruzika was to run Dublin Hill’s planned Global Macro Fund, which was to debut this quarter.
Those plans are now on indefinite hold.
“He won’t be able to work for the immediate future,” Howley told Bloomberg News.
Ruzika spent 29 years at Goldman, leaving the firm last year.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.