Sat, Feb 6, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund manager Barton Biggs dies at age 79

Tuesday, July 17, 2012

Florian Guldner, Opalesque Asia:

Ex-Morgan Stanley strategies and hedge fund manager Barton Biggs died on Saturday, according to various media reports.

The news was announced by Morgan Stanley CEO James Gorman in a memo to all staff. The Wall Street Journal quotes Mr. Gorman as saying: "Barton left an indelible mark on our business, our culture and our shared notion of leadership at Morgan Stanley … He was known as an independent thinker, colorful writer and one of the pioneers of emerging markets investing, and our firm benefited from his vision."

Mr. Biggs graduated from Yale University in 1955. Later he taught English at the Landon School, a prep school in Bethesda, Maryland, played semiprofessional soccer and tried his hand at short-story writing. He joined E.F. Hutton in 1961, with a starting salary of $7,200 a year.

He is also know for co-founding one of the world's first hedge funds, Fairfield Partners, in 1965. In 1973, he joined Morgan Stanley as a managing director and general partner. Two years later he founded the firm's investment management division. After retiring from Morgan Stanley in 2003, he launched Traxis Partners, a multi-billion dollar global macro hedge fund based in Greenwich, CT.

Mr. Biggs died at age 79. He had three children, Wende Biggs, Gretchen Biggs, and lived in Mas......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider