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Alternative Market Briefing

New York hedge fund Twin Capital plans to substantially increase assets

Friday, September 08, 2017

Komfie Manalo, Opalesque Asia:

New York-based event-driven hedge fund firm Twin Capital Management LLC is planning to "substantially increase" its assets under management over the next few years through a series of fundraising efforts.

To spearhead the campaign, the hedge fund has appointed Jessica Cass as senior vice president for marketing. In her new role with Twin Capital, Cass is expected to focus on developing and executing the fund's marketing and capital-raising campaigns to significantly increase the firm's assets.

David Simon, Twin Capital's founder and CEO, said in a statement, "We are thrilled to welcome Jessica to Twin as she has a wealth of experience in raising capital and managing relationships across a variety of institutional and high net worth investors. Her background in marketing event-driven funds will facilitate a seamless transition while providing her with the knowledge to make a tremendous impact on the firm's growth."

Cass joined Twin from Gruss Capital Management, LP, where she oversaw investor relations in addition to raising new assets from prospective investors. Prior to joining Gruss in 2009, she was a vice president of marketing at Galleon Group and held senior sales and relationship management roles at Gerson Lehrman Group and Bloomberg.......................

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