One of the most senior women in investing is going to work for George Soros
Dawn Fitzpatrick, a senior exec at the asset management arm of UBS, is taking over the chief investment officer position for Soros Fund Management. She will oversee money for Soros, his family, and the Open Society Foundations, Soros' philanthropic arm.
The New York Times first reported the news. A spokesman for Soros confirmed the hire to Business Insider.
Fitzpatrick replaces Ted Burdick, who left the position last fall but remained at the firm. While her start date is unclear, Fitzpatrick would be Soros' seventh CIO at Soros since 2000.
At UBS, Fitzpatrick oversaw more than 500 billion Swiss francs across investment teams, according to her UBS bio. She previously was the head and CIO of a multi-billion hedge fund owned by UBS. Fitzpatrick started her career in 1992 with O'Connor & Associates as a clerk on the American Stock Exchange.