hedge fund

Divorcing A Tycoon: You Win Some, You Win Some

Divorcing A Tycoon: You Win Some, You Win Some

When multi-millionaire fund manager Brian Myerson negotiated his divorce, he gave cash and assets to his wife and just took shares in his company as his portion of the joint assets. Cute, right? Well, this is one risk that didn’t pay off for the edgy activist investor: his company’s shares subsequently plummeted 90%, leaving the ex-wife walking off with what basically amounts to 105% of the divorce assets.