Thu, May 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Amida Capital Management adds senior staffers

Monday, March 05, 2012
Opalesque Industry Update:Amida Capital Management II, LLC, a New York based investment manager specializing in relative value and convertible arbitrage, has expanded its investment platform and appointed Sudeep Duttaroy as a Portfolio Manager and Raymond Lam, CFA as a Credit Analyst. Messrs. Duttaroy and Lam will report to David Rich, Amida’s Founder and Chief Investment Officer.

“Sudeep and Ray, long-term industry colleagues, bring to Amida over fifteen years of combined experience in convertible markets. We are excited about the opportunities we currently see for the strategy and with the new additions we continue to build solid institutional quality platform and broaden our strong fundamental and quantitative research expertise."

“Properly managed convertible strategies have been consistent and less volatile performers than other alternative strategies, proving their ability to deliver upside participation while preserving capital. With the exit of many hedge fund participants from the market place in 2008 resulting in a larger segment of long-only funds, we believe that ample opportunities and demand for niche relative value managers like ourselves are present in today’s investment climate”, continued Mr. Rich.

Mr. Duttaroy and Mr. Lam join Amida from AM Investment Partners, where Mr. Duttaroy was a Portfolio Manager and Mr. Lam was a Senior Analyst.

Mr. Duttaroy graduated with a Bachelor of Arts in Computer Science from the University of Texas- Austin and a Master of Science in Financial Mathematics from the University of Chicago. Mr. Lam graduated with a Bachelor of Science in Electrical Engineering from Columbia University and a Master of Business Administration from New York University, both with honors.

Amida Partners

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Time to invest in robotics? (part 1)[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The London-based, Swiss-born manager of the RoboCap UCITS Fund, talks to Opalesque about investing

  2. Investing - Hedge funds have been selling big winners this year, Hedge funds are betting $1 billion that Snapchat shares are going to drop, Here are the biggest bets made by top hedge funds in the first quarter[more]

    Hedge funds have been selling big winners this year From CNBC.com: Hedge fund managers' most popular stock to start the year has been a familiar name that is falling short in terms of performance, while the least popular companies all have been crushing the market. Procter & Gamble

  3. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  4. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  5. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo