She's done with the hedge fund industry, vowing and keeping that vow to never come back after an unfortunate tussle with her largest investor. But if you thought the Dollar Dominatrix was just going to skulk away, never to be heard from again, you thought wrong.
Running a hedge fund didn’t work out for Meredith Whitney, once one of the most famous banking analysts in the U.S. So she’s starting fresh at a Bermuda-based insurer. Whitney has begun at Arch Capital Group Ltd., where she’s overseeing an equity portfolio that had about $800 million under management at the end of September, Preston Hutchings, the company’s chief investment officer, said in an interview...Whitney will oversee a portfolio with money allocated to about eight managers, including JPMorgan Chase & Co. and BlackRock Inc., Hutchings said. Arch’s investments include U.S. and Asian stocks.