Hedge Funds
Tim Garry considered the number two man at John Burbank’s Passport Capital will be leaving the firm, according to a letter to investors obtained by ValueWalk. Garry is described as “Portfolio Manager and Head of Risk” and has been at the hedge fund since 2007. He is still listed as an employee on the company’s website and in his Linkedin profile, but that will likely be updated soon. Below readers can find the full letter about his departure. The news of the departure was first reported earlier this morning by  Lawrence Delevingne of Reuters.