Victor Ugolyn, 57, the former chairman, president and CEO of Enterprise Capital Management of Atlanta, the adviser to the Enterprise Group of Funds, the proprietary fund family of insurance company Mutual of New York Group (MONY), has a brand new gig these days.

Ugolyn has purchased an interest in William D. Witter, a small, niche New York investment management firm founded in 1977 to originally provide services to the Dean Witter circle of family and friends. In addition to his "significant minority" stake in the firm (the Dean Witter family of Wall Street brokerage fame owns the remaining majority), Ugolyn has signed on as the company's president and CEO and will preside over its future direction.

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