Mon, Mar 30, 2015
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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. M&A - Hedge funds no longer attractive targets for banks, reinsurers, Blackstone buys stake in Christopher Pucillo’s Solus event-driven hedge fund[more]

    Hedge funds no longer attractive targets for banks, reinsurers From Institutionalinvestor.com: Swiss RE, the world’s second-largest reinsurer, is looking to sell its 15 percent stake in Jersey, Channel Islands–based hedge fund firm Brevan Howard Asset Management. Morgan Stanley reported

  4. Opalesque Radio: Threadneedle expects continuing equity volatility this year[more]

    Benedicte Gravrand, Opalesque Geneva: Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial’s founder and CEO Jeff Kilburg told CNBC on Monday. And this volatility is going

  5. Hedge funds show strong performance of 2.52% so far in 2015[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry got off to a strong start in 2015 "completely unmindful" of the poor performance last year, according to data provider Preqin. According to Preqin, following a year which saw the average he

 

banner