LPNEWS
You wouldn’t necessarily think that multistrategy hedge fund “pod shops” had much in common with the characters from “Sex and the City”. But Millennium’s Izzy Englander is lamenting that successful portfolio managers are like New York men over the age of 30 - all the good ones have been taken. Specifically, the pod shops have grown in market share, and locked up their best performing managers with long and binding non-compete agreements.

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