Former Kynikos Associates partner and chief operating officer Doug Millett lost his battle with cancer Sunday afternoon.
Business Insider reported that Kynikos founder and CEO James Chanos informed the hedge fund’s employees of the news in an e-mail Sunday, praising Millett’s “rock-solid integrity, towering intellect, and unmistakable sense of humor.”
Millett joined Kynikos in 1991 as an analyst, eventually becoming the firm’s second largest partner. After he left the hedge fund in 2003, he worked at JP Morgan and Perella Weinberg, but continued to maintain a close relationship with the staff at Kynikos.
Millett is survived by his wife and two sons.