Wednesday, July 20, 2011

Ex-Blue Ridge Exec Launches $ 1B Hedge Fund

A former Blue Ridge capital Executive is set to launch a new hedge fund.

Richard Gerson, who worked for 15 years during John Griffin on Blue Ridge, are attracting investors is a fund that is estimated to open with $ 1 billion, according to HFAlert report.

The Fund's new Office is set to open in New York and begins to trade global shares vehicles as early as next year.

Gerson has also brought on board as Martin Byman chief operating officer for the new Fund. Byman was formerly group leader of Europe's leading brokerage at Morgan Stanley.

Go to the HFAlert.com article

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