Ultra-wealthy liberal philanthropist George Soros’ son is stepping out to manage his own chunk of the family fortune, and he’s taking some of his father’s staff with him.
Reuters reports:
The two sources said Soros' son intends to set up his own family office - something the Soros Fund converted to last year - with the help of David Kulsar, currently chief risk officer for the Soros Fund.
"Jonathan wants to manage some of his own money so the (Soros Fund) family office has made that accommodation for him," said a source familiar with the situation but who was not authorized to discuss the matter.
Jonathan Soros, who was a law clerk for a federal judge before joining with his brother Robert in 2002 to oversee the management of Soros Fund, did not return calls or emails seeking comment. He currently is a senior fellow with the Roosevelt Institute, a liberal think tank group in New York.