Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact

News Archive

Read More Industry News >

Taconic Capital Co-Founder to Retire

Dec 03, 2013
Jing Chen

Taconic Capital Advisors co-founder Ken Brody announced to investors Tuesday that he is retiring from the firm.

Brody said in letter that despite the retirement, which is effective January 1, he will “remain a principal, a significant investor, and an advisor to the firm.” He plans to spend more time working with non-profit organizations after his departure.

Brody, who founded Taconic Capital in 1999 with Frank Brosens, explained in the letter that the pair has been planning for the transition “over a considerable period of time,” by expanding its investment ream capabilities in London and New York over the past few years, as well as the opening of a Hong Kong office.

Brosens and Taconic chief investment officer Chris Delong will continue to lead the firm.

Based in New York, Taconic managed about $6.7 billion by the end of last year.


Read More Industry News >

eVestment’s 2016 Hedge Fund Industry Outlook

Request Your Copy