Thursday, 30 October 2014
Last updated 4 hours ago
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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.