Bain Capital Hedge Fund Chief Ted Pappendick Said to Leave PostBy
Ex-Adage money manager Joshua Ross will replace him next month
Pappendick will remain as chairman before retiring in 2017
Ted Pappendick is leaving as head of Bain Capital’s hedge fund unit and will be replaced by a veteran money manager who had worked at Adage Capital and Och-Ziff Capital Management Group, according to two people with knowledge of the matter.
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