Paul Tudor Jones' investment management firm is seeing executives depart and investors pull more than $1 billion from his hedge fund, according to a Bloomberg report.
Executives including Richard Puma have left Tudor Investment Corp. in recent months amid losses in recent years, Bloomberg reported. Tudor's funds manage about $13 billion of total assets that invest across a number of strategies.
Jones, who has made big bets on macroeconomic plays, bolstered his reputation with market-beating performance through the financial crisis.
A representative for the Tudor funds could not be immediately reached for comment.