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Roxanne Martino, CEO of Chicago–based fund-of-funds firm Aurora Investment Management, had every intention of becoming a doctor. It wasn’t long into her freshman year at the University of Notre Dame that she realized her interests lay in business administration. After seven years at accounting firm Coopers & Lybrand, Martino shifted focus again, this time to finance. She joined Chicago fund-of-funds firm Grosvenor Capital Management in 1984 when the hedge fund industry was still relatively young, and rose to partner the following year. There she helped launch the flagship multistrategy fund of hedge funds Aurora Limited Partnership in 1988 as a two-year joint venture between Grosvenor and Harris Associates, Aurora Investment Management’s predecessor firm…
