Highfields PM Sidman To Launch Own Fund

Oct 26 2012 | 2:45pm ET

A top portfolio manager at Highfields Capital is reported to be planning a hedge fund of his own.

Matthew Sidman, a 15-year Highfields veteran, will leave the Boston-based firm in 2013 to launch his own fund. Highfields told investors earlier this month of Sidman's impending departure, Reuters reports.

Highfields, the $11.6 billion hedge fund run by Jonathon Jacobs, was one of the few investors to question Enron's accounting practices.

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