Jim Pavia just hired
Jessica Toonkel's replacement at
InvestmentNews.
The MFWire.com has learned that
Fund Action alum
Jason Kephart joined Manhattan-based
InvestmentNews on Monday as the reporter covering the mutual fund beat.
Fund Action, an
Institutional Investor newsletter also based in New York, recently rebranded as
Fund Industry Intelligence.
MFWire.com could not immediately reach FII managing editor
Mike Schnitzel for comment on how Kephart's duties are being handled.
Pavia, editor of InvestmentNews, referred inquiries directly to Kephart. InvestmentNews is published by Chicago-based
Crain Communications.
Kephart previously worked in a part-reporter, part-research role at
Smart Money Magazine before joining Fund Action. He spent about 18 months at the trade pub focusing on the mutual fund industry. So why did he jump to InvestmentNews?
"It was just a great opportunity," Kephart told
MFWire.com.
Kephart succeeds InvestmentNews' prior mutual fund beat reporter,
Jessica Toonkel, who also previously worked at Fund Action. Toonkel moved to Reuters this summer [
see MFWire.com, 8/22/2011].
Another Fund Action reporter also moved on this year. In November
Jean Heinz joined
LPL Financial [
see our sister publication, The 401kWire, 11/11/2011]. 
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