Head Of Lehman's Hedge Fund Unit To Depart

Oct 31 2006 | 10:30am ET

Jolyne Caruso, global head of Lehman Brothers Absolute Return Strategies unit and a well-known figure in the overwhelmingly male world of hedge fund executives, is leaving the firm by the end of the year.

The reason for Caruso’s departure from Lehman after less than two years on the job is not known, and she could not be reached for comment by press time.

Before joining Lehman to run the firm’s $6.5 billion portfolio of hedge fund investments in March of 2005, Caruso co-founded $3 billion hedge fund firm Andor Capital. Caruso has also served as chairman and president of JPMorgan Securities and head of its Equities-Americas division.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note