Friday, 21 October 2016
Last updated 1 hour ago
Feb 4 2013 | 1:53pm ET
Soros Fund Management's former chief investment officer has hired a four-decade Credit Suisse veteran to head his hedge fund.
Doug Paul will serve as president of Anderson Global Macro, founded by Keith Anderson after he left Soros in the wake of its transition to a family office. The new firm will launch its maiden hedge fund this year, Bloomberg News reports.
Paul has been vice chairman at Credit Suisse for more than a decade. He and Anderson have known each other for almost 30 years.
Anderson worked at Soros from 2008 through 2011. He joined the hedge fund from BlackRock, which he co-founded.