Fidelity’s Hurley to Join Bowman Capital

Fund manager John Hurley, who resigned from Fidelity Investments last week, will join his former boss at Bowman Capital Management, a money management firm in San Mateo. Hurley, 32, was hired by Larry Bowman, an ex-Fidelity fund manager, to help oversee two private investment funds that have almost $600 million in assets. The funds concentrate most of their assets in shares of U.S. technology companies, Bowman said. At Fidelity, Hurley will be replaced as manager of the $1.7-billion Emerging Growth Fund by Erin Sullivan, 27, who already manages the $365-million Select Software & Computer Services Fund, the company said. Sullivan joined Fidelity in 1991 as an analyst. Hurley managed Fidelity Select Software & Computer Services between August 1994 and the end of 1996.