NEW YORK--(BUSINESS WIRE)--Twin Capital Management LLC, a New York-based event-driven hedge fund firm, has appointed Richard Fitzgerald as vice president and analyst. In his new role with Twin Capital, Mr. Fitzgerald will seek unique investment opportunities in special situations and deep value.
“We’re delighted to add an analyst of Richard’s caliber focused on special situations and deep value,” said David Simon, Twin Capital’s founder and chief executive officer. “The addition of Richard to our team gives added depth to the quality of our research capabilities.”
Before joining Twin Capital, Mr. Fitzgerald served as an analyst covering special situations with Jefferies’ Dakota Fund, an equity long/short fund focused on the financial services sector. He also served as an analyst at Castle Point Capital Management where he was one of six investment professionals managing a $400 million long/short fund.
Previously, Mr. Fitzgerald was an associate at Flexpoint Partners where he focused on the financial services and health care sectors and an analyst at Lazard Frères & Co. where he worked on M&A transactions, bankruptcies and out-of-court restructurings.
Mr. Fitzgerald is a graduate of the University of Chicago with a Bachelor’s of Arts in Economics.
About Twin Capital Management:
Twin Capital Management LLC is an alternative investment management firm founded by David Simon in 1988. The firm manages equity-based, event-driven strategies with the goal of consistently producing superior, risk-adjusted, and uncorrelated returns. Twin Capital Management’s investment process is uniquely designed to identify, analyze and maximize the upside of opportunities, while minimizing risk.
Past performance is not indicative of future results. The information contained in this press release does not constitute an offer to sell or the solicitation of an offer to purchase interests in any fund managed by Twin Securities, Inc. Such an offer or solicitation can only be made pursuant to a final offering memorandum, only to investors who meet certain eligibility requirements, and only in those jurisdictions where permitted by law. An investment in a private fund is not appropriate or suitable for all investors and involves the risk of loss, as well as other risks more fully described in the offering memoranda. Twin Securities, Inc. is a registered investment adviser. More information about the adviser can be found in its ADV Part 2, which is available upon request by calling 212-687-6834.