Friday, 9 October 2015
Last updated 24 min ago
Mar 16 2009 | 12:25pm ET
Service providers are very attentive to the needs of their hedge fund clients, but one may have gone a step or two too far.
Christopher Ruppmann alleges in a lawsuit that his boss at recruiting firm Broadreach Group recommended that he have sex with a client, namely one Kate Mackenzie, a former Olympic rower who works for hedge Fund Two Sigma Investments.
The lawsuit, filed in Manhattan federal court, says the suggestion was given to the 27-year-old Ruppmann by Broadreach founder Brian Grover after just a year on the job. Ruppmann had already been promoted to vice president after just six months with the company.
Grover denies the allegations.
“That is the most outrageous lie I can possibly imagine,” he told the New York Post.
Mackenzie, a corporate recruiter for Two Sigma, did not return calls from the tabloid for comment.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…