Ex-CNBC anchor still seeking hedge fund glory

Remember Ron Insana, the one-time CNBC anchor. Recall that he left the network in 2006 to pursue a career in the hedge fund industry. He formed a fund-of-funds, aiming to capitalize on his knowledge of the hedge fund industry. His former network has reported that he is now winding down Insana Capital Partners. He reportedly managed to raise about $100 million for his Legends Fund, which is peanuts in the industry. But the effort was not a complete waste. He apparently has landed a job as managing director at SAC Capital, one of the industry's big boys. It's unclear what his role there will be. Media relations, perhaps?

For more:
- here's an article from HedgeFund.net