Hedge fund seeder Duff Capital Advisors has brought two investment teams into the fold bringing the total number to three since it launched in March.
The new teams are focused on the utilities and merchant power sectors, led by Vedula Murti, as well as various sub-sectors of financial services, led by Morid Kamshad.
“These individuals and investment teams greatly add to the experience, diversity and capabilities of DCA,” said DCA founder and CEO, Phil Duff. “We will continue to expand our strategies to include additional skill-based, non-correlated investment strategies and are committed to providing our clients with customized solutions.”
Duff is a co-founder of FrontPoint Partners.
The firm has also expanded its senior management with the addition of Andrew Wilder, CFO; Mike Khorrami, managing director; Charles Lerner, chief compliance officer; Laura Flynn, managing director; and Maria Berenguer, managing director.
Prior to joining DCA, Wilder was the chief operating officer of North Sound Capital, which he co-founded in 2001, while Khorrami joins DCA from Millennium Advisors, where he was responsible for business and performance oversight of the firm’s credit and fixed-income strategies.
Lerner joins from Dillon Read Capital Management at UBS, and Flynn previously served as a vice president at Lehman Brothers focusing on institutional credit sales. Most recently, Berenguer was the managing director of pension solutions at AIG Investments.
Genna GarverBy Genna Garver, John Brunjes, and Cheri Hoff of Bracewell & Giuliani -- On Oct. 27 the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) moved one step closer to becoming law with the 67-1 approval of the U.S. House of Representatives Committee on Financial Services (the "Bill"). More...
Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere. More...