Anderson Said to Hire Credit Suisse’s Paul for Hedge FundKatherine Burton and Stephanie Ruhle
Keith Anderson, a former chief investment officer for George Soros, hired Doug Paul, who worked for 43 years at Credit Suisse Group AG, as president of the hedge fund he started after leaving Soros Fund Management LLC, according to a person familiar with the matter.
Paul, 69, served as a vice chairman for Credit Suisse for the past 13 years and has known Anderson, 53, for almost three decades, said the person, asking not to be identified because the information is private. Anderson’s fund, New York-based Anderson Global Macro, is scheduled to start trading this year and will chase macroeconomic trends by wagering on bonds, currencies, commodities and stocks, the person said.
Anderson didn’t return a phone call seeking comment.
Anderson worked for Soros’s hedge fund from February 2008 through July 2011, when Soros returned the remaining outside capital and turned the firm into a family office. Prior to joining Soros, Anderson spent two decades at money manager BlackRock Inc., a New York-based firm he co-founded where he was global fixed-income chief.