Greenwich Financial Firm To Receive Millions For New Jobs: Report

GREENWICH, CT — AQR Capital Management, a Greenwich-based financial management firm that moved to Connecticut from New York in 2004, is in line to receive another $5 million under the state's First Five Plus Program, reports the Greenwich Time.

The company, co-founded by Greenwich billionaire Clifford Asness, received $13 million funding for expansion under the jobs initiative in 2016. The money was allocated as a forgiveness loan if the company created a couple of hundred jobs while retaining several hundred more over a two-year period.

AQR, which employs nearly 1,000 globally, has more than $220 billion in assets under management and recently signed leases to expand at its Greenwich Plaza location.

Click here to read the full story on the Greenwich Time website.

Photo of Greenwich Plaza via Google Maps