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Joe Scoby Joins Magnetar Capital

Joe Scoby joins Magnetar as Head of the Quantitative Investments Group.

Scoby will oversee the firm’s Tactical Trading and alternative risk premia businesses. He will also be a member of the Management and Investment Committees.

Scoby has nearly 30 years of experience in investment and risk management.

Prior to joining Magnetar, Scoby was most recently the CEO of Achievement Asset Management. Before that he was the Head of Alternative and Quantitative Investment at UBS Global Asset Management and the founder and CIO for UBS O’Connor’s funds for 10 years. As a member of the UBS Group Executive Board and Group Chief Risk Officer he helped steer the bank through the 2008 financial crisis.

Scoby completed his BS and MA degrees in four years earning a BS from Wharton School with honors and an MA from the University of Pennsylvania.

He is involved in several community organizations including the Wharton Undergraduate Executive Board, the Ann and Robert Lurie Children’s Hospital of Chicago Board, the Archdiocese of Chicago Finance Council, the Accelerate Institute and World Business Chicago’s FinTech Council.

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