Soros's Rogers, Donfeld to Leave After Disagreeing With CIO
- CIO Ted Burdick took the helm at the family office in January
- `He's extremely talented,' Druckenmiller says of Rogers
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David Rogers and Joshua Donfeld, two portfolio managers at billionaire George Soros’s family office, are leaving the firm over disagreements with its new chief investment officer about the direction of global markets, according to people with knowledge of the matter.
Rogers, a protege of Soros’s former chief investment strategist Stan Druckenmiller, managed a portfolio of about $3 billion at the $28 billion Soros Fund Management, said the people, who asked not to be named because the matter is private. Rogers, 38, made his name as a commodities trader, while Donfeld, 40, focuses on stock investing, said the people, adding that both men are expected to leave the family office next month.