Tuesday, 21 October 2014
Last updated 1 hour ago
Nov 5 2010 | 12:40pm ET
Multi-strategy fund manager Kellner DiLeo & Co. has appointed Rory Zirpolo as principal and head of securities lending.
Zirpolo will serve as portfolio manager of KDC Alpha, a matched book securities lending portfolio.
With 25 years’ experience in securities lending, Zirpolo comes to Kellner DiLeo & Co from Credit Suisse, where he was managing director of prime services, responsible for a supply-side securities lending business worth $50 billion. Zirpolo also served four years on the board of Equilend, a consortium formed by the largest participants in the financial services industry to optimize efficiency in the securities finance industry.
Founded in 1981 by George Kellner, New York-based Kellner DiLeo & Co. employs three investment strategies—merger arbitrage, distressed and high income, and matched book securities lending.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...