Jon Corzine's New Hedge Fund Eyes Event Wagers Triggered by Trump
- Fund is said to seek as much as $300 million in first year
- JDC-JSC Opportunity to also make macro bets over longer term
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Jon Corzine, who held the reins of MF Global Holdings when it collapsed, is making his comeback with a new hedge fund that’s betting the Trump administration will stir up markets.
The JDC-JSC Opportunity Fund, which bears the initials of Corzine’s late son Jeffrey and his own, will launch this quarter and aims to attract $100 million to $300 million in its first trading year, according to a person familiar with his thinking. Corzine and former Taconic Capital Advisors investment director Richard Chappelear will share the chief investment officer role.