[NEW YORK] Paul Tudor Jones is selling the headquarters of his Tudor Investment Corp in Greenwich, Connecticut to a nearby private school and relocating to another location in the state closer to New York City bound trains.

The hedge fund's 43-acre property is being purchased by the Brunswick School, a college preparatory school for boys. Tudor will move from its current location on King Street in the first half of next year, according to spokesman Patrick Clifford.

"For a number of months, Tudor has been exploring an office relocation to a site within lower Fairfield County in closer proximity to the Metro North train line," Mr Clifford said in an emailed statement. "This change would support easy travel from Manhattan to Connecticut and back in connection with the importance and size of Tudor's Manhattan office and the firm's current recruiting priorities. Tudor expects to select an office building in the Greenwich-Stamford corridor in the near future." Tudor in 2015 moved its Manhattan offices to Astor Place from Park Avenue, signing a 10-year lease. The previous year, the hedge fund combined its UK locations to one office in London with a 10-year lease starting in December 2014.

BLOOMBERG