Buddy Fletcher
Alphonse "Buddy" Fletcher, Jr. (born 1965) was a hedge fund manager and founder of the Fletcher Foundation. His fund is in bankruptcy and he is accused of civil fraud.He began his career as a quantitative equity trader at Bear Stearns and later worked at Kidder, Peabody & Co. Fletcher, who is African American, sued Kidder Peabody for racial discrimination. Although his racial discrimination claims were dismissed, he eventually won an arbitration award of US$1.26 million. Fletcher has also been involved in litigation centered on a dispute with the board of The Dakota building in Manhattan, New York.Fletcher founded Fletcher Asset Management in 1991. Fletcher's main fund, Fletcher International, may have been insolvent since 2008 and was declared bankrupt in 2012. Money from the fund was used to fund his brother's movie project according the bankruptcy court trustee.
Personal facts
| Alias (AKA) | Buddy |
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| Birth date | January 01, 1965 |
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