An established and experienced hedge fund manager, David Simon has led Twin Capital Management to consistently positive returns for three decades. He founded the firm in the wake of his profits from the stock market crash in 1987, and he still serves as the company’s CIO and CEO.
Mr. Simon cut his teeth in the hedge fund business as the head of risk arbitrage research for Spear, Leeds & Kellogg and Mercury Securities in New York City. Previously, he practiced corporate law at two top-tier New York law firms.
His education prepared him well for his success; David Simon earned magna cum laude honors both as an undergrad with a BS in finance and accounting at Muhlenberg College in Allentown, Pennsylvania, and as a law student obtaining his JD from the University of Miami.
In his spare time, Mr. Simon is dedicated to philanthropy, founding his eponymous charitable foundation to support a variety of causes committed to fighting poverty and children’s causes.
Established hedge fund manager David Simon has guided his firm Twin Capital Management, LLC for three decades. Serving as CIO of the funds, he is responsible for the full range of portfolio management activities, including investment research, securities selection and portfolio construction. Focused on transformative events such as mergers, litigation plays, restructurings and spin-offs, David Simon and his dedicated team of senior investment professionals have achieved consistently positive results over the years.
His annual performance track record has resulted in a number of industry recognitions, including several HFM Week US Performance Awards. In addition to four merger arbitrage awards in the past five years, he received the long/short equity HFM US Performance Award in 2016. According to HFM Week, the annual HFM US Hedge Fund Performance Awards are an evening of recognition and reward for those hedge funds and fund of hedge funds that have outperformed their peers over the past 12 months.
David Simon has a background in corporate law and attended the University of Miami School of Law graduating magna cum laude. He was a member of the school’s Law Review and practiced as a corporate attorney before transitioning to a career in finance.
Now more than ever, selecting the right technology is critical to the successful operations of any organization. Given the advances in financial services industry, this is particularly true in the Investment Management and Hedge Fund industry. The fervent controversy surrounding Michael Lewis’ new book ‘Flash Boys’ illustrates how technology has become the most important competitive differentiator for hedge fund managers. Selecting the right IT services for hedge funds is critical to addressing investors’ growing desire for secure, robust and reliable infrastructure.
Below are Six Considerations for Hedge Funds evaluating outsourced IT providers.
SoftBank Corp.’s abrupt decision to break off pursuit of wireless carrier T-Mobile US Inc. has shifted focus to how the Japanese company will turn around its U.S. Sprint Corp. unit without the deal, and what other acquisitions it might be planning. Full story is here
My prediction: and -these proposed deals are dead for at least 9 months to a year-$S maybe forever.