Hedge fund hires Fed vet
The Stamford-based hedge fund EQA Partners hired as chief economist a former governor of the Federal Reserve System, who helped craft the Fed”™s response to the financial collapse of 2008.
Randall Kroszner will continue in his current position teaching economics at the University of Chicago, where he has been a faculty member since 1990. With Yale University economist Robert Shiller, Kroszner co-authored a paper last year on reforming the U.S. financial markets in the Dodd-Frank era.
A Fed governor from 2006 to 2009, Kroszner chaired committees on supervision and regulation and consumer affairs. From 2001 to 2003, he was a member of the President”™s Council of Economic Advisors. He is a graduate of Brown University and has a doctorate in economics from Harvard University.
“As policy debates play out, especially in Europe, there will be significant opportunities in currency markets,” said Andrew Alper, CEO of EQA Partners, in a prepared statement. “Randy’s insights and knowledge of how policy is created will help us take appropriate risks and navigate these markets.”