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.

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