Farallon managers leaving to start firm-WSJ

NEW YORK, March 11 | Thu Mar 11, 2010 9:33pm EST

NEW YORK, March 11 (Reuters) - Four veteran investment managers from Farallon Capital Management LLC are departing the San-Francisco based hedge firm to start their own firm, the Wall Street Journal said.

All four managers focus on stocks, the report said, citing people close to the matter. It identified them as Jason Moment, Ashish Pant, Richard Voon and William Duhamel.

Farallon plans to refocus the bulk of its investing on high-yield and other credit bets and risk arbitrage, the report.

A spokesman for Farallon declined to comment on the report. (Reporting by Ransdell Pierson; editing by Carol Bishopric)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.