Weintraub to Return Money in Transition to Family Office
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Weintraub Capital Management LP, the $1 billion San Francisco-based long-short equity hedge fund, will return money to investors and become a family office overseeing the wealth of founder Jerry Weintraub.
“Like lots of big decisions, it’s not any one particular thing, it’s a process,” Weintraub said today in a telephone interview. “It’s been a great run for myself and for my co-workers, and for a variety of reasons we decided it was best to wind down.”