CNBC – Soros Fund Management, the $25 billion hedge fund co-founded by legendary investor George Soros, has named Scott Bessent as its new CIO, according to an investor letter obtained by CNBC.
The hedge fund that was co-founded by investor George Soros has announced a change in leadership. Bessent previously worked at Soros Fund Management from 1991 to 2000, where he served as the firm’s head of global research. He has worked under notable hedge-fund investors , including Stanley Druckenmiller and Jim Chanos, and most recently served as a senior partner at the New York-based Protege Partners hedge fund.
