BlackRock's Biggest Hedge Fund Bleeds Talent
- Investment chiefs David Horowitz, Benjamin Brodsky have exited
- The fund also shut a volatility strategy in the first quarter
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BlackRock Inc. has lost senior talent at its largest hedge fund.
Two deputy chief investment officers at the firm’s Fixed Income GlobalAlpha fund left: David Horowitz departed in the first quarter and Benjamin Brodsky exited in April, spokesman Ed Sweeney confirmed. The six teams they managed now report to Tom Parker, BlackRock’s chief investment officer of systematic fixed income.