Viking's Upitis Out

Feb 4 2011 | 11:56am 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

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note