Amaranth Slashes Workforce, Hires Fortress To Sell Assets

Oct 5 2006 | 5:07pm ET

Amaranth HeadquartersAmaranth Advisors, the embattled Greenwich, Conn., hedge fund which lost $6 billion of its $9.5 billion of assets on natural gas investments, is reportedly cutting 60% of its workforce next week. Charlie Winkler, chief operating officer, said in a statement on Thursday that as many as 250 of Amaranth’s 420 workers would be dismissed.


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    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…