Highflying New York hedge fund sets up outpost in Dallas’ Crescent

Steve Brown with The Dallas Morning News writes a high-profile New York hedge fund investment firm is headed to Dallas for a new office location.

Schonfeld Strategic Advisors is leasing office space in Uptown’s Crescent complex for a new Dallas operation.

Founded by billionaire Steven Schonfeld, the Manhattan-based financial firm has other offices in Hong Kong, London and Singapore. The company employs almost 1,000 people.

Schonfeld is taking almost 3,000 square feet in the Crescent at Pearl Street and Cedar Springs Road. The new office is set to open in January.