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Subscriber OnlyBusinessweekFinanceHere’s What Happens When a Hedge Fund’s Star Walks AwayFormer CIO Fredman lured talent, propelled outsize returnsFirm has struggled with performance, turnover, redemptionsPhotographer: John Taggart/BloombergByKatia Porzecanski+FollowFebruary 4, 2019, 10:00 AM UTCAndrew Fredman hit the hedge-fund lottery. For a decade and a half, he made a fortune as the investment brains behind Fir Tree Capital Management.Then, at 53, he walked away.
