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Soros revamps after departures


Following the departure of senior staffers Betsy Battle and Dominic Napolitano, Soros Fund Management has recently brought on former Goldman Sachs executive Richard Perez and David Modest of JPMorgan.

After years of scouring the hedge fund industry to help famed investor George Soros identify the most promising fund managers, Battle and Napolitano decided to put their hedge fund expertise to work for themselves. Battle, who headed Soros Fund Management's manager selection group for most of the past decade, left the firm last spring and is in the process of co-founding Lone Peak Partners, which will handle managed accounts