Federated Hires Portfolio Manager

Federated Investors has appointed James Grefenstette as senior portfolio manager for Federated Capital Appreciation Fund.

Federated Investors has appointed James Grefenstette as senior portfolio manager for Federated Capital Appreciation Fund. Grefenstette has also been named as head of the core/growth equity management team at Federated.

Grefenstette, who presently manages the $366 million Federated Mid Cap Growth Strategies Fund, has replaced Carol Miller, who left the firm. Dean Kartsonas will continue to serve as portfolio manager for the Appreciation Fund. Grefenstette rejoined Federated in 2009 after serving as co-founder and managing partner of Blazer Capital Management.

Click here for the release from PR Newswire.