Friday, 21 October 2016
Last updated 5 min ago
Aug 15 2008 | 11:44am ET
Hedge fund advisory firm D5 is expanding its staff while raking in two new accounts, with each promising capacity of $50 million, for a possible $100 million on additional capital for the firm.
The new accounts coincide with the hiring of mathematician and scientist Andrew Vizcarra as director of research.
“Andrew’s 10 years in the study and teaching of mathematics and statistics is a great asset to our research department and is a wonderful compliment to the fundamental nature of our strategy,” said Theodore Dumbauld, founder. “Mr. Vizarra will focus on both the enhancement of our current strategy and the exploration of universe expansion.”
D5’s strategy utilizes a relative value strategy, trading only a unique set of securities for which net asset values can be calculated.