Stephen Jen Sells Fund Stake to Intesa’s Eurizon Capital

  • Eurizon owns 65% in new firm; Jen and Fatih Yilmaz own 35%
  • Jen’s new role is CEO while Tommaso Corcos becomes chairman

Stephen Jen, a Morgan Stanley alumnus who set up hedge fund SLJ Macro Partners LLP five years ago, has sold his majority stake in the company to Eurizon Capital SGR, an asset-management unit of Italian bank Intesa Sanpaolo SpA.

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