Tuesday, 13 October 2015
Last updated 15 hours ago
Oct 25 2012 | 11:05am ET
In the wake of his firm's sale, DragonBack Capital founder Phil Tye has left the firm.
Tye left last week, after Double Haven Capital Management, which had used the hedge fund platform's back-office outsourcing services, bought DragonBack. DragonBack will now serve Double Haven in-house and exclusively and has wound down all of the non-Double Haven funds on its platform.
Tye, the head of the Alternative Investment Management Association in Hong Kong, was not alone in leaving following the sale. Investor services manager Carlotta Foo also departed, although her exit was not due to the sale, Asian Investor reports.
Foo left for another firm, although it is unclear which. Equally unclear are Tye's plans.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…