Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Fidelity Vet Closes His Hedge Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 3, 2009

A Fidelity Vet Closes His Hedge Fund

News summary by MFWire's editors

Former Peter Lynch protege George Noble, 51, will close his $550 million Gryfalcon hedge fund. The WSJ has details on his "disappointing" 2009 that saw the fund drop half of its asset base. Noble left Fidelity in 1991 to jump into the hedge fund business to launch Teton Partners. He closed that fund in 1996 after a period of weak performance. It appears that he is prepared to repeat the cycle at least one more time and that he will raise money from investors for a third fund with a rethought investment strategy.

Meanwhile, back at Fidelity, Thomas Tesauro has taken the post of executive vice president and will run the Boston Behemoth's prime brokerage business. Tesaury comes from S3 Partners and is expected to leverage the uncertainty surrounding many existing prime brokers to grow Fidelity's market share. 

Edited by: Sean Hanna, Editor in Chief


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use