Opalesque Industry Update, for New Managers - Deimos Asset Management LLC, a multi-strategy hedge fund manager, announced that Paul Orwicz has joined the firm as a Managing Director and Portfolio Manager. In this role, Orwicz is focused on building and managing a portfolio of technology, media and telecommunications (TMT) investments. Orwicz is a 13-year veteran of SAC Capital and Point 72, where he managed portfolios focused on technology, media and telecommunications, consumer products and energy. He also managed assets at Sursum Capital, an independent firm which he ran from 2009 to 2011. Orwicz’s hire builds on the Deimos business model, which is to develop a suite of hedge fund products expected to include a multi-strategy hedge fund, along with a wide variety of individual hedge fund strategies.
About Deimos Asset Management Deimos is led by managing partners Patrick Hughes, Loren Katzovitz and Mark Standish. Ontario Teachers’ Pension Plan is an anchor investor in Deimos’ multi-strategy product through a managed account platform, and leading global alternative asset manager Ares Management, L.P. has made a strategic investment in Deimos.
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Industry Updates
SAC veteran Paul Orwicz joins Deimos A.M. as managing director and portfolio manager
Thursday, July 09, 2015
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