New York, NY (PRWEB) January 16, 2014
Twin Capital Management LLC (“Twin”), a New York-based hedge fund, has appointed Michael Horgan as vice president. In his new position, he will also serve as co-portfolio manager of event-driven/special situations along with Brett Patelsky, senior vice president, and David Simon, founder and CEO of Twin.
Mr. Horgan has more than 7 years of financial experience, primarily in the event-driven space. He previously served as a vice president of Twin for three years identifying, analyzing and investing in event-driven situations across industries in the United States, United Kingdom and Western Europe.
“We’re delighted to welcome Mike back to Twin. His experience as an analyst and his past experience at Twin will allow Mike to make a seamless and positive contribution to our team,” said Mr. Simon. “We continue to make opportunistic hires, such as Mike, as a part of our long term plan for controlled growth both in assets and infrastructure.”
For the past two years Mr. Horgan served as co-portfolio manager of special situation strategies for Guggenheim Global Trading and oversaw an event-driven portfolio. His other experience includes serving as an analyst in the arbitrage and special situations group for Satellite Asset Management and as an investment banking analyst in the financial sponsor group of Banc of America Securities.
He received a Bachelor of Science in Business Administration from Georgetown University and studied at the London School of 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.