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.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...