As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 9 hours ago
Feb 22 2013 | 1:50pm ET
The former chief investment officer at Soros Fund Management has begun fundraising for his own hedge fund in earnest.
Keith Anderson began seeking investors for his Anderson Global Macro recently, Reuters reports. Anderson hopes to raise between $500 million and $1 billion for the fund, which should debut this year.
Anderson set up the New York-based firm after he left Soros in the wake of its transition to a family office. The BlackRock co-founder worked at Soros from 2008 through 2011.
While building an investor base, Anderson is also building his management team. His firm has hired former Credit Suisse vice-chairman Douglas Paul, fellow Soros vet Christopher Wiegand and Jon Lipsky, a veteran of both the International Monetary Fund and JPMorgan Chase.