[Photo:  InvestmentEurope.net]

One of Wall Street’s biggest hedge fund names, Soros Fund Management, will soon have a woman at its investing helm. Dawn Fitzpatrick, currently a senior executive at UBS’s asset-management arm, has accepted the job of chief investment officer at Soros. The exact timing of her arrival is not yet clear.

Her hiring comes after George Soros, the octogenarian founder of the company, began to involve himself in day-to-day trading decisions after having stepped away to pursue his philanthropic endeavors.

During the first half of 2016, for instance, Mr. Soros reportedly called for a series of investment positions, including holdings in gold, that would benefit from economic turmoil. The company also put on trades that benefited from Britain’s vote in June to exit the European Union, even as Mr. Soros himself was openly critical of the decision.

Whether Mr. Soros’s active role within Soros Fund Management will continue during Ms. Fitzpatrick’s tenure could not immediately be determined.

Ms. Fitzpatrick began her career as a clerk on the American Stock Exchange working for a predecessor to UBS O’Connor in the 1990s. By 2013, she had risen through the ranks to lead UBS O’Connor’s hedge fund business.

Last year, she was named the head of a new unit that combined the hedge fund business with other investment platforms. Ulrich Körner, head of UBS asset management, told employees at the time that during Ms. Fitzpatrick’s 23 years at O’Connor, she had “established a track record as a highly successful investor across all these asset classes.”