Derek van Eck, a principal and chief investment officer at mutual fund firm Van Eck Associates, died unexpectedly Wednesday night. He was 46.
Mr. van Eck managed the $3.3 billion Van Eck Global Hard Assets Fund, the company said in a statement. He will be succeeded by Shawn Reynolds and Charles Cameron as co-managers.
Mr. van Eck had a “health condition” that was “neurological in nature,” according to an Aug. 17 note on a cached page on the company’s website.
Mr. Reynolds, who joined Van Eck in 2005, heads the company’s energy investment group. Mr. Cameron, who has been with van Eck for more than 15 years, is the firm’s director of trading.
The company, which was founded in 1955 by John van Eck, Derek’s father, managed $20 billion as of Dec. 31, according to its website. Derek van Eck joined in 1993.
Chris Sullivan, a spokesman for the firm, declined to comment.
Mr. van Eck graduated from Williams College with a bachelor’s degree in economics in 1986, and earned a master’s of business administration at the J.L. Kellogg Graduate School of Management at Northwestern University in 1993. He is survived by his wife, Deborah, and his children, Willem and Kathryn, according to the statement.
Information on funeral arrangements and memorials were not immediately available.