Hedge Fund Founder, Goldman Vet Ruzika Dies

May 8 2012 | 11:18am ET

Richard Ruzika, the former Goldman Sachs commodities chief who was preparing to launch a hedge fund, has died, two weeks after suffering a stroke. He was 53.

Ruzika; Lance Bakrow, also formerly of Goldman; and Joe Howley, formerly of Tudor Investment Corp. and Sempra Energy, had set up Greenwich, Conn.-based Dublin Hill Capital earlier this year. Ruzika was to run the firm's planned Global Macro Fund, which was to debut this quarter.

Howley told Bloomberg News that Ruzika died yesterday at a Stamford, Conn., hospital.

Ruzika spent almost 30 years at Goldman Sachs, rising to serve as global head of commodities and head of special situations. He left the firm last year to found Dublin Hill. A Columbia University alumnus, Ruzika signed with the National Football League's New York Jets after graduating. He quit the team during training camp, saying he no longer wanted to play, and joined Goldman in 1982.

Ruzika suffered a stroke on April 22, three days after undergoing knee surgery. He is survived by his wife and two teenage children.

"We're deeply saddened by his passing," Goldman said in a statement. "For nearly three decades, Rich served Goldman Sachs with distinction."


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.