Bill Winters Hedge Fund
Former JPMorgan Executive Launches Hedge Fund
William T. Winters, a former senior executive at JPMorgan Chase, has teamed up with the investment firms of Jacob Rothschild and the South African billionaire Johann P. Rupert to set up an asset management and advisory firm in London.
Mr. Winters, who left JPMorgan abruptly in 2009 after falling out with the chief executive, Jamie Dimon, will own half of the new company, called Renshaw Bay, he said in a statement on Thursday. Mr. Rothschild’s RIT Capital Partners and Mr. Rupert’s Reinet Investments will share the other half.
“Our objective is to build a global alternative asset management and advisory business that provides outstanding and differentiated investment opportunities for our founding shareholders as well as other sophisticated investors,” Mr. Winters said in the statement.
Mr. Winters, who was co-chief executive of JPMorgan’s investment banking business, will be chairman and chief executive of Renshaw; Mr. Rothschild and Mr. Rupert will be directors. Source