Steve Eisman quits FrontPoint Partners
| June 13th, 2011 | ||
| FrontPoint Partners, the hedge fund currently embroiled in an insider-trading scandal, has lost its top man. According to Reuters, Steve Eisman, a portfolio manager at FrontPoint famous for his calls on the US housing market in 2008, is leaving the firm after they liquidated his hedge fund to meet investor redemption requests. FrontPoint Partners is only maintaining four hedge funds: the FrontPoint Quant Macro Fund, the FrontPoint Strategic Credit Fund, the FrontPoint Rockbay Fund and the FrontPoint Direct Lending fund. Mr. Eisman has not yet indicated his next move. | ||
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FrontPoint Partners |
Related People: Daniel Waters;
Related Entities: FrontPoint Consumer and Industrials;
Related Article Tags: Investment Management, Fund Manager and General Financial News; Hedge Fund Jobs, Hirings and Firings; Hedge Fund Launches and Hedge Fund Closings
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1 Comments
by jill on April 30th, 2012
He needed to quit. There is so many issues going on with this. He is definitely a big part of it. I hope to see a good future with this fund. TESL Canada
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