Former Fidelity Magellan manager Jeff Vinik
has tapped David Iben
to join him at his hedge fund firm, Vinik Asset Management, Bloomberg reports
Iben is chief investment officer, co-president and
executive managing director at Nuveen Investments'
Los Angeles-based affiliate, Tradewinds
. He runs the $2 billion Nuveen Tradewinds Global All Cap Fund
and the $3.2 billion Nuveen Tradewinds Value Opportunities
Iben will join Vinik in June.
and Andrew Thelen
will succeed him as co-CIOs at Tradewinds, Nuveen spokeswoman Kathleen Cardoza told Bloomberg.
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