Reuters – Hedge-fund pioneer Paul Tudor Jones and veteran stock picker James Pallotta are mulling changes to their 15-year partnership, including a possible parting of ways that could affect their $18 billion fund empire, the Wall Street Journal reported Thursday.
A split between Pallotta and Jones, the veteran trader who started Tudor Investment Corp, would mark the end of one of the most successful and well-known hedge-fund duos in history, the paper said.
Jones has talked privately in recent weeks about the possibility of restructuring his firm in a way that could result in a separation with Pallotta, the Journal said, citing people familiar with the discussions.
