Thursday, January 10, 2013

A Tudor Alum Sets Up a New Power and Gas Shop in Singapore

From FINalternatives:
Tudor's McMillan To Start Hedge Fund In Singapore
A Tudor Investment Corp. power and gas trader will launch his own hedge fund, apparently with the blessing of Tudor chief Paul Tudor Jones.

Andrew McMillan will launch a fund in Singapore, where he has been based for Tudor, along with five other Tudor veterans, Reuters reports. McMillan's exit from the US$11.6 billion firm after a decade is said to be amicable; Tudor partners are expected to invest in McMillan's new firm....MORE
Still a long way to go to fill the gap left by John Arnold's retirement.