BusinessWeek – Traxis Partners LP, the $1.2 billion hedge fund started by Barton Biggs, said it continues to operate after the death of its founder over the weekend.
“Traxis remains fully functional, looking after the portfolios of its investors,” Amer Bisat, managing partner at Greenwich, Connecticut-based Traxis, said today in a telephone interview. “The leadership has been taken over by the three remaining partners,” he said, referring to Andy Skov, Krishen Sud and himself.
