You're Fired!

Filed in archive Hedgetalk on January 24, 2007

I've noticed a lot of firing going on in the hedge fund world. Whenever there is a big buyout or takeover a lot of high end jobs go out the window. Also the hedge funds, which are usually very near at hand when these "resignations" take place, don't like to talk about it very much, which I suppose is natural.

But I recently had a big $16 billion hedge fund ask me to un-write a story about an executive that was "leaving her position" after a hedge fund takeover. So I took it off the website, (another one) but I was wondering if anyone had any comments on whether there should be more transparency in hedge funds when it comes to their management decisions? I haven't heard about anyone jumping out of their highrise office window after being bought out by a hedge fund, but I bet theres lots of drama up there.