Tuesday, 27 September 2016
Last updated 17 min 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.