Magnetar Adds Event-Driven Portfolio Manager

Jul 15 2010 | 10:39am ET

Magnetar Capital has hired a portfolio manager to head its planned event-driven hedge fund.

Julian Frazzo will join the Evanston, Ill.-based firm this summer as a senior portfolio manager for event-driven investments, Financial News reports. He comes to Magnetar, which faces a Securities and Exchange Commission probe over some of its collateralized debt obligation trades, from London-based De Putron Fund Management.

Frazzo managed more than US$100 million for De Putron. He joined that firm after four years at Citadel Investment Group, where Magnetar founder Alex Litowitz also got his start.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...