Soros-backed GlenPoint opens New York office, co-founder to relocate

Soros-backed GlenPoint opens New York office, co-founder to relocate

Soros-backed GlenPoint opens New York office, co-founder to relocateLondon-based hedge fund manager Glen Point Capital, which raised cash from billionaire George Soros, has opened an office in New York, three sources with direct knowledge of the matter said. Co-founder Jonathan Fayman will be re-locating to the global macro, emerging markets-focused hedge fund firm’s new office, the sources said. Hedge funds, which tend to be based in global financial centers such as New York and London, hit their stride this year, generating strong gains and pushing assets to record levels.


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Author: YAHOO

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