Protégé Partners has hired a Man Group and Soros Fund Management alumnus as chief investment strategist.
Michael Weinberg joins the New York-based fund of hedge funds from Man’s FRM fund of funds unit, where he was head of global equities. Weinberg formerly worked at Soros, Credit Suisse and First Boston, and teaches at Columbia Business School.
Protégé is perhaps best-known for the decade-long wager between founder Ted Seides and Warren Buffett over whether a Standard & Poor’s 500 Index fund could beat a basket of hedge funds over a 10-year period. Buffett currently has a wide margin six years into the bet.