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.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit