CIO sleeping with 24yr old analyst

Overheard that the former CIO of MAN Group FRM cheated with a 24yr old analyst, wife divorced him, he married the mistress, and now he moved across the Atlantic to be the CIO of another fund. How do people like this just walk around and how do coworkers trust or respect them

34 Comments
 

Heard of stories where Clients asked out the Corporate Coverage VP they were working with or VPs/MDs sleeping with ex-interns, offering Spring Week Internships or Summer Internships for a BJ/Fling to young university students that were hot, etc.
Quite common as it seems, especially the older you get 

 
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It objectively sucks for the analyst.  Either turns him down and fucks up her career, or doesn't turn him down and still (probably) fucks up her career.  There is a 99% chance this guy won't marry you.

And it's not necessarily gay because it can happen to female bosses and male subordinates.

 

So not only did this guy land a CIO role at another hedge fund. He flies across the pond to Connecticut and replaced the existing CIO of the fund with more than a decade tenure, who got pushed down into a PM role at the same fund... and this guy was a legend in the bank prop days, really smart, genuine guy. A professional with integrity. The exact type of person who would remain loyal to both his partner, and his firm. And support PMs during their lowest points. 

Life is totally fair. 

 

As an old-timer in the game I think many will agree that Graham used to have one of the best cultures of any fund 5-10 years ago… yes with this new CIO everyone is on edge… lots of pressure being put on PMs to run outside their usual process and discretionary returns lagging this year not helping. New guy does not know as much the products his fund trades and it shows… read any of the write-ups he posts on his Linkedin and you’ll see. Try not to laugh.

And yes also rumors about controlling behavior among female employees but will not expand further. We miss you Pablo.

 

What’s to say he doesn’t try fucking his new female subordinates?

Also, someone who would fuck over the people closest to him in this world for sex would definitely fuck over their colleagues for less.

 

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