Dawn Fitzpatrick

Last updated
Dawn Fitzpatrick
NationalityAmerican
Alma mater Wharton School of the University of Pennsylvania (B.S.)
Occupation(s) Chief Investment Officer, Soros Fund Management
Children3

Dawn Fitzpatrick is an American investment banker and financial officer based in New York City. She is known for her work as a hedge fund manager and as the Chief Executive Officer (CEO) & Chief Investment Officer (CIO) at Soros Fund Management.

Contents

Early years

Fitzpatrick "is a second-generation Irish American with ancestors hailing from Kilkenny and Cork on her father's and mother's side", and is a native of New York. She holds a Bachelor of Science from the University of Pennsylvania's Wharton School of Business. [1] While at UPenn Fitzpatrick ran track. [2] She is divorced with three children. [3]

Career

Fitzpatrick started working at O'Connor & Associates in 1992 and went on to become the global head and CIO of O'Connor within the alternative and quantitative investments area. In August 2013, when O'Connor became a standalone business area within UBS Global Asset Management, Fitzpatrick was promoted to global head and chief investment officer (CIO) at O'Connor. [4] [5] [6]

In January 2016, Fitzpatrick became the Global Head of Equities, Multi-Asset and O'Connor at UBS Asset Management, responsible for overseeing more than $500 billion in assets. [6] In January 2017, she became Head of Investments within UBS Asset Management. [7] She was also a member of the UBS Asset Management Executive Committee. [8]

In April 2017, Fitzpatrick became the Chief Investment Officer of Soros Fund Management. [3] She currently serves on the Open Society Foundations' Economic Justice Program advisory board, [9] the Federal Reserve Bank of New York's Investor Advisory Committee on Financial Markets, [10] as a non-executive Director on the Barclays board, [11] [12] and sits on the Advisory Council of The Bretton Woods Committee. [13]

Fitzpatrick was named one of Business Insider's most powerful women on Wall Street in 2013. [14] In 2015, American Banker put her on their list of the 25 most powerful women in finance and The Hedge Fund Journal put her on the list of 50 leading women in hedge funds. [15] In 2018 and 2019, Fitzpatrick was on the Worth Power 100, a list of "the 100 most powerful men and women in global finance." [16] [17] In 2020 and 2021, Barron's listed her as one of the "100 Most Influential Women in U.S. Finance", [18] [19] and the University of Pennsylvania Wharton Club of New York presented Fitzpatrick with the 2020 Joseph Wharton Award for Leadership "for the Wharton alumnus who embodies the highest standards of leadership in both business and society." [20]

Related Research Articles

Swiss Bank Corporation was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland, with over CHF 300 billion of assets and CHF 11.7 billion of equity.

<span class="mw-page-title-main">Soros Fund Management</span> Private investment firm

Soros Fund Management, LLC is a privately held American investment management firm. It is currently structured as a family office, but formerly as a hedge fund. The firm was founded in 1970 by George Soros and, in 2010, was reported to be one of the most profitable firms in the hedge fund industry, averaging a 20% annual rate of return over four decades. It is headquartered at 250 West 55th Street in New York. As of 2023, Soros Fund Management, LLC had $25 billion in AUM.

<span class="mw-page-title-main">PIMCO</span> US global investment management firm

Pacific Investment Management Company, LLC is an American investment management firm focusing on active fixed income management worldwide. PIMCO manages investments in many asset classes such as fixed income, equities, commodities, asset allocation, ETFs, hedge funds, and private equity. PIMCO is one of the largest investment managers, actively managing more than $2 trillion in assets for central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world. According to the Sovereign Wealth Fund Institute, PIMCO is the 6th-largest asset manager in the world by managed AUM.

<span class="mw-page-title-main">Bridgewater Associates</span> U.S. based investment management firm

Bridgewater Associates, LP is an American investment management firm founded by Ray Dalio in 1975. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks. As of 2022, Bridgewater has posted the second highest gains of any hedge fund since its inception in 1975. The firm began as an institutional investment advisory service, graduated to institutional investing, and pioneered the risk parity investment approach in 1996.

<span class="mw-page-title-main">Anne Dias-Griffin</span> French-American investor (born 1970)

Anne Dias-Griffin is a French-American investor. She is the founder and chief executive officer of Aragon, an investment firm active in global equities, with a focus on the internet, technology, and consumer sectors, as well as alternative assets.

Eileen Rominger is a partner at CamberView Partners. Previously, Rominger was the director of investment management at the United States Securities and Exchange Commission ("SEC") and the global chief investment officer of Goldman Sachs Asset Management.

Eileen Murray is an American financial services executive and is the former co-CEO at Bridgewater Associates, one of the world's largest institutional asset managers. Murray has also held executive positions at Morgan Stanley, Credit Suisse First Boston, Duff Capital Advisors and Investment Risk Management. She was named one of the 25 Most Powerful Non-Bank Women in Banking, by U.S. Banker, for the years 2007 and 2008.

<span class="mw-page-title-main">GAM (company)</span> Swiss investment company

GAM Investments is an independent, pure play asset management group headquartered in Zurich. The Group sells to a wide range of client segments such as institutions, wholesale intermediaries, financial advisers, and private investors. The Group’s investment management business is complemented by a private labelling unit which provides outsourcing for third-party asset managers.

<span class="mw-page-title-main">UBS</span> Multinational investment bank headquartered in Switzerland

UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered simultaneously in Zürich and Basel, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy. Because of the bank's large positions in the Americas, EMEA and Asia Pacific markets, the Financial Stability Board considers it a global systemically important bank.

O'Connor & Associates was a Chicago-based options trading firm, with a particular emphasis on financial derivatives. The firm was founded in 1977 by John F. O'Connor and his brother-in-law, Robert J. Creamer. In 1992, O'Connor & Associates was acquired by Swiss Bank Corporation. The acquisition was part of Swiss Bank's efforts to expand its options trading capabilities in the United States. At the time of the acquisition, O'Connor & Associates had over 500 employees and was one of the largest options trading firms in the world.

Brinson Partners was an asset management firm focused on providing access for U.S. institutions to global markets. The firm was founded by noted investor Gary P. Brinson in the 1980s and established as an independent firm in 1989. Brinson was acquired by Swiss Bank Corporation in 1994 and became the core of the Swiss bank's asset management business in the U.S.

John P. Costas is an American businessman, banker, and trader. He is the former chairman and CEO of UBS Investment Bank, where he oversaw the growth of the Swiss bank's investment banking franchise globally from 2000 to 2005. From 2005 through 2007, Costas was the chairman and CEO of Dillon Read Capital Management, a UBS proprietary trading unit and alternatives management company.

Thomas Britton "Britt" Harris IV was the chief investment officer of the University of Texas/Texas A&M Investment Management Company. The investment management company oversees the assets of The University of Texas and Texas A&M University. In 2013 Harris was announced as the recipient of the aiCIO's Lifetime Achievement Award. He founded and has led Titans of Investing since 2006.

Erika Karp is an American entrepreneur, businesswoman and investment advisor. She is the founder of and chief executive officer of an investment firm called Cornerstone Capital Inc. Karp is a founding Board member of the Sustainability Accounting Standards Board. She is an advisor to the UN Global Compact's LEAD Board Development Program, a member of the World Economic Forum’s Global Agenda Council on Financing and Capital, and an Advisor to the Clinton Global Initiative’s Market-based Approaches track.

Tsai Capital Corporation is a Manhattan-based investment management and advisory firm. The company was founded in 1997 by Christopher Tsai, a third generation investor whose financial roots date back to World War II. Tsai is also the son of the late American financier Gerald Tsai. The firm follows a value-oriented investment approach and primarily focuses on high-quality, growth companies.

International Investment Group (IIG) is an American financial institution that specializes in short-term trade finance and commercial finance with a focus on emerging markets. Through its affiliate IIG Capital it provides financing to small and medium-sized merchants, traders and processors with a need for supply chain financing.

Scott Bessent is an American investor, philanthropist, and educator. He is the founder of Key Square Group, a global macro investment firm.

Jane Buchan is the Chief Executive Officer of Martlet Asset Management, LLC.

<span class="mw-page-title-main">Quantedge</span> Singaporean-American alternative investment asset manager

Quantedge Capital is an alternative investment asset manager based in Singapore and New York City. It manages over US$3 billion under its flagship Quantedge Global Master Fund primarily on behalf of high-net-worth individuals, family offices and institutions.

Michelle Seitz is an American business executive and investor. She is the former chairman and chief executive officer of Russell Investments. Seitz is one of few women in the world who has led a global asset management firm. She is, according to Barron's, one of the "most influential women in U.S. finance". American Banker lists her as one of the "most powerful women in finance." Prior to her role at Russell Investments, she served on the board of William Blair & Company and as chief executive of William Blair Investment Management. In 2022, she left Russell Investments to launch an investment firm MeydenVest Partners.

References

  1. ↑ "Dawn Fitzpatrick/UBS O'Connor". Irish America.
  2. ↑ "Women's Track & Field and Cross Country Letterwinners". Penn Athletics. June 4, 2002. Archived from the original on 2016-06-23.
  3. 1 2 "Men Bet She Would Fail; Now She Runs a $26 Billion Fund". The New York Times. April 8, 2017.
  4. ↑ "Dawn Fitzpatrick". Managed Funds Association.
  5. ↑ "O'Connor Hedge Fund Scores Gains Where Prop Desks Exited". Bloomberg News. November 14, 2014.
  6. 1 2 "UBS Names Fitzpatrick to Lead Combined Fund Unit in Shakeup". Bloomberg News. November 24, 2015.
  7. ↑ "Soros Hires New Chief Investment Officer". The Wall Street Journal. January 31, 2017.
  8. ↑ "50 Leading Women In Hedge Funds 2015" (PDF). The Hedge Fund Journal. June 18, 2015.
  9. ↑ "Economic Justice Program". Open Society Foundations. Retrieved November 3, 2019.
  10. ↑ "Investor Advisory Committee on Financial Markets". Federal Reserve Bank of New York. Retrieved January 14, 2019.
  11. ↑ "Dawn Fitzpatrick". Barclays. Retrieved November 3, 2019.
  12. ↑ "Barclays Adds Prominent Investment Executives to Board". The Wall Street Journal. September 26, 2019.
  13. ↑ "Leadership and Secretariat". The Bretton Woods Committee. Retrieved March 13, 2021.
  14. ↑ "The 25 Most Powerful Women On Wall Street: Dawn Fitzpatrick". Business Insider. March 8, 2013.
  15. ↑ "The 25 Most Powerful Women in Finance: No. 24: Dawn Fitzpatrick, UBS O'Connor". American Banker. September 22, 2015.
  16. ↑ "The Power 100 2019". Worth. Retrieved September 17, 2019.
  17. ↑ "The Power 100 2018". Worth. Retrieved November 3, 2019.
  18. ↑ "Dawn Fitzpatrick". Barron's. March 13, 2020.
  19. ↑ "100 Women Making Their Mark in the World of Finance". Barron's. March 8, 2021.
  20. ↑ "2020 Joseph Wharton Awards". Wharton Club of New York. Retrieved March 13, 2021.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.