Tudor Investment Corp., the $11.6 billion hedge fund that
seeks to profit from macroeconomic events, is planning its first equity funds
since stock manager James Pallotta left the firm in 2009, four people with
knowledge of the matter told Bloomberg.
Tudor may offer two equity funds to clients next year, one
of which would be based on the performance of a number of portfolio managers
focused on different industries, said the people, who asked not to be named
because the plans are private. Tudor is in the early stages of planning, and
may decide to shelve the funds, the people said. Patrick Clifford, a spokesman
for Greenwich, Connecticut-based Tudor, declined to comment....
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