• Hedge-fund billionaire Michael Hintze steps up succession planning at his flagship fund after it suffered a record 40% loss this year, report says

    6 days ago - By Business Insider

    Summary List Placement
    Hedge-fund billionaire Michael Hintze is stepping up succession plans for leadership at his firm CQS after it suffered a record 40% loss this year, Bloomberg said.
    Hintze is forming a group of senior partners that will together create firm-wide strategy initiatives and share higher equity stakes, according to a letter seen by Bloomberg.
    The formation of the group "reinforces our succession planning," Hintze said.
    CQS suffered a 45% loss at his flagship fund in March and April this year after the firm's investments ran into deep trouble during the COVID-19...
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  • Hedge-fund billionaire Michael Hintze steps up succession planning at his flagship fund after it su , report says

    Hedge-fund billionaire Michael Hintze steps up succession planning at his flagship fund after it su , report says

    6 days ago - By Business Insider

    Michael Hintze/ Thomson Reuters
    Thomson Reuters
    Hedge-fund billionaire Michael Hintze is stepping up succession plans for leadership at his firm CQS after it suffered a record 40% loss this year, Bloomberg said. Hintze is forming a group of senior partners that will together create firm-wide strategy initiatives and share higher equity stakes, according to a letter seen by Bloomberg. The formation of the group "reinforces our succession planning," Hintze said. CQS suffered a 45% loss at his flagship fund in March and April this year after the firm's investments ran into deep trouble during...
    Read more ...