Baron Capital Taps Portfolio Manager
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Friday, April 07, 2006

Baron Capital Taps Portfolio Manager

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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