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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
September 17, 2002 at 08:00 PM
NEW YORK (HedgeWorld.com)–Soros Fund Management recently recruited distressed-debt specialist William Seibold to the firm, according to a spokesman for Soros.
Mr. Seibold started his new post as portfolio manager at Soros Fund Management in Manhattan roughly three weeks ago, the Soros spokesman said. Mr. Seibold previously was a portfolio manager for Galboca Partners, a hedge fund group based in Greenwich, Conn., specializing in distressed-debt investing.
Soros officials declined to comment as to whether the post was newly created, or whether Mr. Seibold was replacing a departing manager. It was also unclear if the appointment represented a new direction being taken by Soros in regards to distressed-debt investing, an arena where many hedge funds have seen a deluge of new opportunities brought on by the bear market, while the same conditions have hurt existing holdings.
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