Christopher Sugrue PlusFunds Refco
July 31, 2014
The financial institutions that we once thought were built on solid ground have, over the course of the recession, proved themselves to be built upon sand. The recession showed us the biggest flaws in our many financial institutions. Most experts agree that those flaws can be attributed to a lack of accountability, independent oversight, and transparency. PlusFunds Group Inc. is a hedge fund sponsor that is seeking to improve the overall industry by emphasizing a need for higher standards of transparency and independent oversight. Greater access to information can only result in a better experience for clients.
PlusFunds Group Inc. is an employee-owned and operated financial services firm that caters to individuals, pooled investment vehicles, and public or corporate institutions. PlusFunds Group Inc. uses a wide array of methods to invest, mostly long and short equity, fixed income, and merger arbitrage. The fixed income and merger arbitrate markets are the ones that attract most of PlusFunds Group Inc.’s investment attention. The alliance of financial firms mostly invests in futures and distressed debt.
PlusFunds Group was founded in 1998 and is employee-owned and operated. It is headquartered in New York City and led, capably, by chairman Christopher Sugrue.