New comptroller numbers suggest City Hall will have to restore several billion dollars to keep retirees’ benefit investments replenished, as stock performance lags projections.
Dan James, a former Goldman Sachs managing director and head of synthetics and quant sales between 2014 and 2018, has opened a new hedge fund search boutique, Monroe Partners with veteran headhunter Christian Robbins.
The fund is seeking a firm to provide passive equity exposure for a portfolio with minimal tracking error due to the contract expiration of its current provider.