A Hedge Fund Manager’s Dream Just Crashed Into the Real World

(Bloomberg) — Nicolai Tangen, the future chief executive of the world’s biggest sovereign wealth fund, says he wishes he’d been a bit less extravagant.In early 2018, the London-based hedge fund manager was planning what he hoped would be the event of a lifetime. Tangen compiled a list of attendees: the best and the brightest from the worlds of finance, politics and academia. He would call it, “Back to University.”The exclusive get-together, which took place in November in Philadelphia, has now triggered an investigation into how Tangen was chosen to run Norway’s $1 trillion wealth fund.Since a tabloid exposé of his …read more

Source:: Yahoo Finance

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