Report: Wall Street’s Whitney behind Bermuda investment company
Famed Wall Street analyst Meredith Whitney is reportedly launching a hedge fund called Kenbelle Capital LP.
Whitney, who built her own Wall Street advisory firm after gaining renown for a 2007 call on Citigroup Inc, deregistered her brokerage unit after three unprofitable years and is setting up an investment fund, according to industry records.
Now, Bloomberg reports, records show that she is chief investment officer and managing principal at Kenbelle, a long/short equity fund.
Bloomberg says Whitney, 43, registered Kenbelle with New York state's corporations division in April.
“It's an investment manager to a partnership based in Bermuda, according to a legal notice in a newspaper there,” Bloomberg said.
Whitney is married to former WWE wrestler and US TV business commentator John Layfield, who relocated to Bermuda in 2011.