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While working in New York City, Medley met her first husband, Ralph Lynch. They had one child, a daughter named Hannah. [3] [9] Medley married Richard Medley, a hedge fund advisor, in 2005; he died in 2011 at the age of 60. [2] She dated entrepreneur John Mahdessian for seven years, separating in September 2019. [10]
Jones is credited with coining the phrase "hedged fund" [12] [13] and is credited with creating the first hedge fund structure in 1949. [14]Jones referred to his fund as being "hedged", a term then commonly used on Wall Street to describe the management of investment risk due to changes in the financial markets.
He joined First New York Securities in February 1999, a proprietary trading firm that allocated $6 million for him to manage an account. [4] In July 1999, Edelman founded Perceptive Advisors, a hedge fund firm focused on identifying and investing in promising technologies and innovations in the field of biotechnology.
James Harris Simons (April 25, 1938 – May 10, 2024) was an American hedge fund manager, investor, mathematician, and philanthropist. [4] At the time of his death, Simons' net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. [4]
He retired as CEO of the hedge fund in 2010, then focused on philanthropic work through the foundation he and his wife founded in 1994 to support scientists and organizations engaged in research ...
As the wife of former New York Governor Eliot Spitzer, she was the First Lady of New York from January 2007 until March 2008. From 2008 to 2011, she was managing director at Metropolitan Capital Advisors , a woman-owned hedge fund.
In 1969, he divorced his first wife, Loretta Young and almost immediately remarried. His first two marriages each lasted 17 years. [10] In 1987, Tsai married Cynthia Ann Ekberg, the then vice president of Kidder Peabody & Company in San Diego. Ekberg is the daughter of Kathleen Culver of Western Springs, Ill., and Gerald Von Ekberg of Coronado.
By Svea Herbst-Bayliss. NEW YORK (Reuters) - Investor Whitney Tilson, who often pushed corporations to perform better for shareholders and employees while running a New York-based hedge fund, has ...