Thursday, May 3, 2012

Grim News: Hedge Fund Plan Put Off After Co-Founder Has Stroke


Dublin Hill Capital, the investment firm co-founded by Richard Ruzika, former chief of Goldman Sachs Group Inc. (GS)’s special situations group, suspended plans to start a hedge fund after Ruzika suffered a stroke, according to a Bloomberg report.

Ruzika, 53, is in intensive care in a Connecticut hospital after the April 22 stroke, which came three days after having surgery on his left knee, Joe Howley, Ruzika’s business partner, said in a telephone interview today.

“He won’t be able to work for the immediate future,” Howley said.

Ruzika left Goldman Sachs in 2011 after almost 30 years with the New York-based bank. He was preparing to start Dublin Hill in Greenwich, Connecticut, with Howley, who previously worked at Sempra Energy (SRE) and Tudor Investment Corp., and Lance Bakrow, a former Goldman Sachs trader who ran his own firm, Greenwich Energy Solutions in Connecticut…..


No comments:

Post a Comment