Investors in Shumway Capital Partners have been given until January 30 to submit redemption requests or else tacitly approve the firm’s announced restructuring, in which founder and Tiger Cub Chris Shumway will step back from his role as chief investment officer.
Shumway has handed his title to former equities head Tom Wilcox, who will transition to CIO as early as January 31, 2011, and will be the funds’ sole portfolio manager.
