PAUL ORWICZ JOINS DEIMOS ASSET MANAGEMENT |
Date: Wednesday, July 8, 2015
Author: News Release
PURCHASE, N.Y. – July 8, 2015 – Deimos Asset Management LLC, a multi-strategy hedge fund manager, announced today that Paul Orwicz has joined the firm as a Managing Director and Portfolio Manager. In this role, Orwicz is focused on building and managing a portfolio of technology, media and telecommunications (TMT) investments.
Orwicz is a 13-year veteran of SAC Capital and Point 72, where he managed portfolios focused on technology, media and telecommunications, consumer products and energy. He also managed assets at Sursum Capital, an independent firm which he ran from 2009 to 2011.
Orwicz’s hire builds on the Deimos business model, which is to develop a suite of hedge fund products expected to include a multi-strategy hedge fund, along with a wide variety of individual hedge fund strategies.
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About Deimos Asset Management
Deimos Asset Management LLC is a multi-manager global hedge fund management company located in Purchase, N.Y., and registered under the Investment Advisers Act of 1940. Deimos’ portfolio management groups invest under a variety of fundamental and quantitative strategies. Deimos was formed through a management buyout of Guggenheim Global Trading, LLC, the former multi-manager, multi-strategy hedge fund platform of Guggenheim Partners. The acquisition was completed on January 31, 2015.
Deimos is led by managing partners Patrick Hughes, Loren Katzovitz and Mark Standish. Ontario Teachers’ Pension Plan is an anchor investor in Deimos’ multi-strategy product through a managed account platform, and leading global alternative asset manager Ares Management, L.P. (NYSE: ARES) has made a strategic investment in Deimos.
Contacts:
Muirfield Partners
Mickey Mandelbaum Jennifer Gill
310-785-0810 310-695-1412
mickey@muirfieldpartners.com jenn@muirfieldpartners.com
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