Wednesday, 5 August 2015
Last updated 7 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…