Tue, Feb 9, 2016
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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time