A former senior partner at Davidson Kempner Capital Management has claimed that the hedge fund still owes him $80m following his departure from the firm, in a legal dispute that has exposed allegations of internal tensions at they firm, according to a report by Bloomberg.
Michael Herzog, who was previously among Davidson Kempner’s most senior figures, alleges that he was forced to leave the firm and redeem his ownership interest. According to a UK employment claim, 10% of the redemption remains...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.
Alternative Investment News