(PRWEB) May 31, 2005
Geometric Group is pleased to announce that Roger Ehrenberg has joined the company as Managing Director. Mr. Ehrenberg brings over 17 years of Wall Street experience to Geometric, most recently as President and CEO of DB Advisors LLC, a wholly-owned subsidiary of Deutsche Bank AG.
ÂThe team and its unique, proactive approach to venturing impressed me,Â said Ehrenberg. ÂGeometric develops technology-enabled solutions in collaboration with clients, effectively pre-selling the product before creating and investing in a new company. This is a much more capital efficient, customer-driven, and risk-managed approach to the building of great businesses.Â
ÂRoger joins Geometric Group with the energy and vision to help quickly respond to new opportunities to deploy talent, technology, and capital,Â said Geometric Group Managing Director Jeff Stewart. ÂHis background and proven track record dealing with talent acquisition, rapid growth, finance and technology, is exactly what we need at this stage.Â
Prior to joining Geometric Group, Mr. Ehrenberg was the President and CEO of DB Advisors LLC, a wholly-owned subsidiary of Deutsche Bank AG. Mr. EhrenbergÂs 130-person team managed over $6 billion in capital through a multi-strategy hedge fund platform with offices in New York, London and Hong Kong. Strategies deployed included managed futures, statistical arbitrage, merger arbitrage, event, fundamental long/short, systematic long/short, relative value, special situations, convertible arbitrage, foreign exchange and credit. Prior to DB Advisors, Mr. Ehrenberg was Managing Director and Co-head of Deutsche BankÂs Global Strategic Equity Transactions Group. In 2000, Mr. EhrenbergÂs team won Institutional Investor magazineÂs ÂDerivatives Deal of the YearÂ award. As an Investment Banker and Managing Director at Citibank, Mr. Ehrenberg held a variety of roles and responsibilities in the Global Derivatives, Capital Markets, Mergers & Acquisitions and Capital Structuring groups. Mr. Ehrenberg serves on the board of Clear Asset Management LLC, a technology-enabled investment advisory and financial publishing firm.
About Geometric Group
Geometric Group LLC creates, invests in, and operates technology-enabled businesses that serve targeted markets. Headquartered in New York City, the firm transforms innovative ideas into successful autonomous businesses. Geometric Group handles the conceptualization, early-stage development, and staffing of resulting new ventures.
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