Homm Recuperating In Miami After Venezuela Attack

Nov 27 2006 | 11:18am ET

Zug-based hedge fund manager Florian Homm is recovering in Miami after being shot by a robber in Venezuela.

Homm, the co-founder and chief investment officer of $2.3 billion Absolute Capital Management, and a friend, were attacked on Nov. 16 near Simon Bolivar International Airport in Caracas by a gunman on a motorcycle, according to a statement from Absolute Capital. Both men were hit in the chest, though a spokesperson for the firm said the wounds were not life-threatening.

The 6-foot-8 Homm “received good medical care in Caracas,” and flew to Miami to “rest for a week” last Monday. He is due back in the office in London on Nov. 29, but Absolute Capital assures investors that “He is in constant contact with the team in Europe.”


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.