Dawn Fitzpatrick

person on 1 show · 5 statements across 1 episodes

Capital Allocators

On the record as a speaker too: Dawn Fitzpatrick across every show, appearances and statements → this page counts the times other people say the name.

5 statements about Dawn Fitzpatrick, every show

CAPITAL ALLOCATORS Assertion Not checkable as stated
Fitzpatrick: Soros external managers generated zero net beta-adjusted excess return
“When you aggregated our external managers and you took out kind of beta, which isn't hard to kind of approximate, we were not getting an excess return. It was Zero. And that's, you're paying a lot of fees, and you're adding a lot of complexity, and not getting…”
Dawn Fitzpatrick Nov 4, 2019 ▶ 49:53 Dawn Fitzpatrick – Multi-Faceted Investing at Soros Fund Management (Capital Allocators, EP.112)
Fitzpatrick: Soros shifted public market allocation to 75% internal managers
“So in public markets, we're about 75% internal and 25% external. And when I came in, we were about fifty-fifty.”
Dawn Fitzpatrick Nov 4, 2019 ▶ 32:39 Dawn Fitzpatrick – Multi-Faceted Investing at Soros Fund Management (Capital Allocators, EP.112)
Fitzpatrick attempted an O'Connor management buyout from UBS in 2008
“We did, and to be candid, we attempted a management buyout at that moment in time, and we got close, but we were recovering too quickly as were financial markets. So the trader, me and my peers actually tried to extract ourselves at a good price, but ultimatel…”
Dawn Fitzpatrick Nov 4, 2019 ▶ 19:56 Dawn Fitzpatrick – Multi-Faceted Investing at Soros Fund Management (Capital Allocators, EP.112)
Fitzpatrick pulled prime brokerage assets from parent bank UBS in 2008
“So we were wholly owned by UBS, and we actually had prime brokerage kind of assets exposed at that point in time, and actually one of the somewhat controversial decisions I made was I pulled from a number of different prime brokers, but UBS was one of them.”
Dawn Fitzpatrick Nov 4, 2019 ▶ 18:59 Dawn Fitzpatrick – Multi-Faceted Investing at Soros Fund Management (Capital Allocators, EP.112)
Fitzpatrick: Trading provides a daily, merit-based report card
“Being an investor and being a trader, it felt like every day I would have a report card And you live and die on the merits of the work you did.”
Dawn Fitzpatrick Nov 4, 2019 ▶ 7:34 Dawn Fitzpatrick – Multi-Faceted Investing at Soros Fund Management (Capital Allocators, EP.112)

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