Denver-based hedge fund firm Arrowpoint Partners has appointed Minyoung Sohn as portfolio manager of the Meridian Equity Income Fund.
Arrowpoint manages USD7 billion in assets for high-net-worth and institutional investors, and is the investment adviser to the Meridian Funds.
Sohn is a founding partner of Arrowpoint. Previously, Sohn served as an executive vice president and portfolio manager at Janus Capital, where he managed USD10 billion in assets for the Janus Growth and Income Fund (2004 to 2007) and the Janus Fundamental Equity Fund (2005 to 2007). He has 16 years of industry experience and is based in Arrowpoint's Denver headquarters.
"We are excited to have Minyoung leading the Meridian Equity Income Fund. His passion for in-depth fundamental research and his expertise in large cap stocks will be a tremendous asset to current shareholders and the Meridian Fund family," says David Corkins, Arrowpoint managing partner and founder.
Sohn replaces the current management team of James (Jamie) England, Larry Cordisco and Jim O'Connor, who will now focus all their efforts to manage the Meridian Contrarian Fund.
"Jamie, Larry and Jim have done a great job for shareholders over the past several years," says Sohn. "I am excited to have the opportunity to build off their success while utilizing my portfolio management experience in a strategy that is very familiar to me. I look forward to applying a differentiated approach to generate returns for investors."
