Wed, Mar 29, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Brightlight Capital appoints of D. E. Shaw veteran Bob Covaci as senior analyst and Chief Operating Officer

Wednesday, April 02, 2014
Opalesque Industry Update - Brightlight Capital Management, a long/short small cap value manager, announced the appointment of D. E. Shaw veteran Bob Covaci as senior analyst and Chief Operating Officer. Mr. Covaci joins the firm at its new office in Westport, CT.

“This is a very exciting and important time for Brightlight Capital,” said Dima Rubinchik, founder and portfolio manager of the three year old firm. “Bob brings significant analytical and operating expertise to our team. His sixteen year background as both a skilled value analyst, as well as operating officer, will provide us with considerable depth at this stage of our firm’s growth.”

Mr. Covaci will work alongside the portfolio manager sourcing ideas and analyzing small cap equities. In addition, he will oversee monthly operational processes and back office procedures.

For the last four years Mr. Covaci ran his own investment firm implementing a value-oriented strategy similar to Brightlight Capital Partners LP. Previously, he was a senior vice president at D. E. Shaw & Co. where he split his eleven year tenure between operating and investment roles, serving as COO and senior analyst in a private investment group. Bob holds a BA in Economics (with honors) from Stanford University and was awarded the John G. Sobieski Prize for Creative Thinking in Economics.

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: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less