John Godden, the well-known head of HFR Asset Management's European business and a regular on the conference circuit, has quit the firm. As first reported by DW's sister publication Alternative Investment News last Monday, it is likely that Godden's position will at least initially be filled by Marc Denogent, executive v.p. Denogent did not return a call.
Godden told AIN he resigned his position Jan. 6. "Nothing's sudden; it had been brewing," he said, adding that the parting was amicable. Godden intends to take some time off to spend with his family. He is not believed to have lined up a position elsewhere, but said he will return to hedge funds after a break of several months. He declined to offer specifics about his plans but said: "HFR's fine and dandy; I just don't want to work there anymore. I don't want to do their thing—I want to do my thing."