Looking back on SAC’s multistrat reopening and an executive departure from Claren Road

AR also revisits investors staying put in quant funds.

One year ago
»» Suzanne Murphy, head of strategic development (a newly created role) at then-$5.1 billion long/short credit shop Claren Road Asset Management, left the firm. She resurfaced two weeks later as a partner at $3.9 billion Ares Management (see performance here), based in the Los Angeles firm’s New York office.

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