Hedge Funds

Magnetar team focuses on tech


Chris James’s $1.7 billion Partner Fund Management has tapped a portfolio manager with experience at Magnetar Capital Management, SAC Capital Advisors and Citadel Investment Group to run a new technology hedge fund.

Chris Aristides launched an onshore fund in April and offshore counterpart in May. Aristides is running both funds from San Francisco with about $100 million and plans to cap the strategy this summer at $250 million, based on existing commitments.

Aristides most recently ran a technology portfolio at Magnetar, and he has recruited three former Magnetar analysts to join him. They are Amit Chopra, a former