Highbridge Capital Management promotes Todd Builione to President
|April 11th, 2011||
|Highbridge Capital Management has announced that it has promoted Todd Builione to be President. Mr. Builione will also retain his role as the firm’s Chief Operating Officer, a position he has held since 2009. Builione first joined Highbridge Capital in 2005 as the multi-strategy hedge fund firm’s first Head of Corporate Strategy.|
Highbridge Capital Management’s co-founder Chairman and Chief Executive Officer Glenn Dubin commented on the appointment: “Over the last six years, Todd has been a driving force in expanding Highbridge from a hedge fund-focused business to a diversified, modern alternative asset management firm,” “I look forward to continuing to work closely with Todd for years to come as we provide best in class investment products to our global client base.”
Prior to Highbridge Capital, Builione was at Goldman Sachs in the investment bank’s Financial Institutions Group, where he focused on asset management firms.
Highbridge Capital Management, which was founded in 1992, became a wholly-owned subsidiary of J.P. Morgan (JPM) in July of 2009. The diversified hedge fund management platform now has approximately $25 billion in assets under management.
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