Hedge fund firm A. R. Schmeidler & Co announced Thursday that it has hired an industry veteran.
Gregory Markel, who is now the New York-based firm's newest portfolio manager and research analyst, has 24 years of investment experience. Prior to joining A. R. Schmeidler, Markel was a senior investment analyst at Connecticut-based Iridian Asset Management.
Markel also managed a $110 million long/short hedge fund at FrontPoint Stadia earlier in his career.
Founded in 1971 by Arnold R. Schmeidler, A. R. Schmeidler & Co specializes in long-only investment strategies.