Baron Capital Management
has named a new skipper for its Baron Fifth Avenue Growth Fund
. According to an announcement on the firm's Web site, Randall Haase
will become portfolio manager of the $134 million fund effective May 1, replacing Mitch Rubin
, who is leaving with Morty Schaja
, Baron Capital's president and chief operating officer, to form a hedge fund venture.
Hasse, a 17-year industry veteran, joins New York-based Baron Capital from hedge fund Duquesne Capital Management. He previously worked for Alliance Capital Management.
In addition to the Fifth Avenue Growth Fund, Rubin also managed the $154 million iOpportunity Fund
. Baron Capital earlier announced that Mike Lippert
will succeed him in that role.
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