Dris Upitis, one of four management committee members at hedge fund Viking Global Investors LP, resigned, the second high-level departure in 10 months after Chief Investment Officer David Ott stepped down in April, according to two people with knowledge of the matter.
Upitis and colleagues Tom Purcell, Dan Sundheim and Jim Parsons have overseen most of Viking’s $10 billion in capital since Ott stepped down in April, said the people, who asked not to be identified because the information isn’t public. Clients were notified of Upitis’ resignation in a note last week, the people said.
