Hedge Fund Manager Kozlowski Returns To Janus Capital

May 12 2011 | 12:46pm ET

Mutual fund giant Janus Capital Group is bringing back former portfolio manager Dan Kozlowski, and he's bringing along his own hedge fund.

Kozlowski will head the struggling firm's plan to expand into alternative investments. He'll continue to run Plaisance Capital, the Chicago-based hedge fund he launched in 2008 after leaving Janus, and which Janus will absorb.

In addition, Kozlowski will manage Janus' Contrarian Fund, taking over for David Decker, who managed the fund to an 11% return last year but who is leaving to launch his own asset manager—a hedge fund, perhaps?—at the end of June.

"Dan is a talented investor who has successfully managed both traditional and alternative strategies," Jonathan Coleman, co-chief investment officer of equities at Janus, said. "His previous experience working closely with David Decker and our research team will result in a smooth transition of Janus Contrarian Fund portfolio, and positions the firm to offer alternative products that are a natural extension of our fundamental investment philosophy."

Janus said that Hiroshi Yoh, who joined its Singapore office in April, will assist Kozlowski in building up the firm's alternative investments office.

Kozlwoski previously worked for Janus from 1999 through 2008.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...