FrontPoint Manager To Exit

Steve Eisman is planning to leave investment firm, FrontPoint Partners.

Steve Eisman is planning to leave investment firm, FrontPoint Partners, The Wall Street Journal reports. The hedge-fund manager has also spoken with potential investors about managing money for them. Eisman currently manages around $1.3 billion at the Morgan Stanley subsidiary. He has overseen FrontPoint’s wagers on financial-services companies, including a bet against subprime mortgages.

Click here for the story from The Wall Street Journal.