Viking's Upitis Out

Feb 4 2011 | 12:56pm ET

One of Viking Global Investors' top portfolio managers has left the firm.

Dris Upitis resigned just a year after being promoted to senior portfolio manager, Bloomberg News reports. He was one of four management committee members at the New York-based fund, which has $10 billion in assets under management.

Upitis' exit follows that of David Ott, co-founder and chief investment officer, last April. Since then, most money management at Viking has fallen to Upitis, Jim Parsons, Tom Purcell and Dan Sundheim. Viking is headed by Tiger Management veteran Andreas Halvorsen.

Clients were told of Upitis' resignation in a note last week, according to Bloomberg.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...