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FrontPoint Hedge Fund Manager Quits
FrontPoint Partners hedge fund manager Steve Eisman is stepping down from his role.
FrontPoint Partnershedge fund managerSteve Eismanis stepping down from his role,The Wall Street Journalreports. The move came after the hedge fund firm decided to shut down most of its portfolios, which included a fund supervised by Eisman, adds商业内幕.
At FrontPoint, Eisman was managing wagers on financial services companies and was handling about $1.3 billion. The firm is reducing its offerings, apart from theQuant Macrofund,FrontPoint Strategic Creditfund, theFrontPoint Rockbayfund and theDirect Lendingfund.
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