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

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR