New York (PRWEB) July 02, 2013
Twin Capital Management LLC, a New York-based event-driven hedge fund firm, has appointed Sarah Petner as vice president. In her new role with Twin Capital, Ms. Petner will report to Kevin Gahwyler, COO/Director of Business Development, expanding Twin’s capabilities in marketing and investor relations to keep pace with the considerable growth Twin has experienced over the last year.
“We are excited to welcome Sarah to our team,” said David Simon, Twin Capital’s founder and CEO. “We are confident Sarah will maintain our high quality investor contact as we continue to execute our growth strategy.”
Before joining Twin Capital, Ms. Petner served as an associate in the capital introductions team at Jeffries LLC. She also served as a consultant at FactSet Research where she was one of six investment professionals managing a $400 million long/short fund. Ms. Petner is a graduate of Tulane University with a Bachelor’s of Arts in Political Science and Economics.
In addition, Twin Capital has added Yoav Stramer as an assistant trader. Mr. Stramer will report to Sean Spillman, Head of Trading. Prior to joining Twin Capital Mr. Stramer worked as a trader on the ETF/Quantitative trading desks at UBS Securities. Mr. Stramer is a graduate of University of Iowa with a Bachelor of Business Administration in Finance.
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 designed to identify, analyze and maximize the upside of opportunities, while minimizing risk. David Simon was honored by The Young Jewish Professionals (YJP) with the “Equity Event Driven/Merger Arbitrage Award” at the 2012 YJP Finance and Hedge Fund Summit. Twin Capital Management LLC won HFMWeek's best “Merger Arbitrage Fund” at the 2012 U.S. Hedge Fund Performance Awards.
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.