Tag Archives: peers panel

The Lib Dem donor who’s “one of the most powerful men in the City”

The Times today profiles Paul Marshall, founder of top hedge fund manager Marshall Wace, and a former SDP/Liberal Alliance candidate who has donated in excess of £162,000 to the Liberal Democrats as well re-founding the liberal think-tank Centre Forum. Here’s an excerpt:

Mr Marshall, who stepped back from his investment role in 2004, decided to take on a more active position at the hedge fund last year as the markets started sliding and the group’s profits were reportedly down 75 per cent. However, the hedge fund made an £88.8 million profit in the 18 months up to February

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