Brian Schaub and Chad Meade, fund managers who quit Janus Capital Group Inc. this month, have joined Arrowpoint Partners, a Denver-based hedge-fund firm co-founded by their former colleague David Corkins.
Schaub and Meade managed two of Janus’s best-performing equity funds, the $4.9 billion Triton Fund and the $2.3 billion Venture Fund, until the firm, also based in Denver, announced their departure May 13. Arrowpoint listed the pair as “portfolio managers” on its website Wednesday.
Arrowpoint, co-founded by former Janus stock-fund manager Corkins, manages about $2.2 billion assets, according to its website. Other former Janus employees working at Arrowpoint include co-founder Karen Reidy, portfolio managers Tony Yao and Minyoung Sohn, and Chief Operating Officer Rick Grove, according to the firm’s website.
Arrowpoint provides investment-management services to wealthy investors and institutions through separate accounts and limited partnerships, according to a filing with the Securities and Exchange Commission. Executives at Arrowpoint didn’t immediately return a call seeking comment.
