Buddy Fletcher | |
|---|---|
| Born | Alphonse Fletcher Jr. 19 December 1965 New London, Connecticut, United States |
| Other names | Buddy |
| Education | Harvard University Yale University |
| Occupations |
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| Employers |
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| Known for | Hedge fund management, fund bankruptcy, Kidder Peabody discrimination lawsuit, Dakota discrimination lawsuit, Philanthropy |
| Spouse | |
| Children | 1 |
| Relatives | Geoffrey S. Fletcher (brother) |
Alphonse "Buddy" Fletcher Jr. (born December 19, 1965) is an American former hedge fund manager and founder of the Fletcher Foundation. He began his career as a quantitative equity trader at Bear Stearns and later worked at Kidder, Peabody & Co. Fletcher, who is African American, sued Kidder Peabody for racial discrimination. Although his racial discrimination claims were dismissed, he eventually won an arbitration award of $1.26 million.[1] Fletcher has also been involved in litigation centered on a dispute with the board of The Dakota apartment building in New York City.
Fletcher founded Fletcher Asset Management in 1991. His main fund, Fletcher International, may have been insolvent since 2008 and was declared bankrupt in 2012.[2]
- ^ Bradley, Richard (March 2012). "Is Harvard's Buddy Fletcher a Financial Genius- or a Fake?". Boston Magazine. Archived from the original on March 8, 2012. Retrieved April 26, 2012.
- ^ Cite error: The named reference
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