Buffett Hires Weschler to Help Manage Berkshire’s Portfolio
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Warren Buffett’s Berkshire Hathaway Inc. hired Ted Weschler to help oversee investments and may add another fund manager as the firm prepares a new generation of leaders.
Weschler, 50, has told limited partners at his Charlottesville, Virginia-based Peninsula Capital Advisors LLC that he will be shutting the fund and will join Berkshire early next year, Buffett’s company said today in a statement.