Why did Robert Rubin, former US Treasury Secretary Really Leave Taconic Capital Adviser ?

" Robert Rubin, the former US Treasury Secretary who advised Citigroup as it lost $20bn in the subprime mortgage crisis, is halting work for two hedge funds as he joins Wall Street advisory firm Centerview Partners as a part-time counsellor, reports Bloomberg.

Rubin will stop advising New York-based Taconic Capital Advisers and San Francisco-based Farallon Capital Management, said his spokesman, Adam Miller, who confirmed the move to Centerview.

Miller and representatives of the three firms declined to say why he is departing.

Taconic had $9.1bn under management as of 30 June, and Farallon had $20.6bn as of January. Rubin will continue advising venture capital firms General Atlantic and Insight Venture Partners, Miller confirmed."

http://www.hfmweek.com/news/582287/hfmweek-daily-snapshot-13-august.thtml

Is Robert Rubin related to Coda Founder Miles Rubin?

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