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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...