Two-Year Chase Siphoned Money and Resources

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.

 

Help Heroes Dinner

David Simon, founder and CEO of Twin Capital Management LLC, views auction items at the HELP HEROES Annual Tribute Dinner.

David Simon, founder and CEO of Twin Capital Management LLC, views auction items at the HELP HEROES Annual Tribute Dinner.

David Simon, founder and CEO of Twin Capital Management LLC, Randall Stephenson, chairman and CEO of AT&T, and attendees at the HELP HEROES Annual Tribute Dinner. The HELP HEROES Annual Tribute Dinner recognizes outstanding individuals who share in HELP USA’s goal to end homelessness. One of 2014’s honorees, Mr. Stephenson was the recipient of the Mentoring Award.

David Simon, founder and CEO of Twin Capital Management LLC, Randall Stephenson, chairman and CEO of AT&T, and attendees at the HELP HEROES Annual Tribute Dinner. The HELP HEROES Annual Tribute Dinner recognizes outstanding individuals who share in HELP USA’s goal to end homelessness. One of 2014’s honorees, Mr. Stephenson was the recipient of the Mentoring Award.

David Simon, founder and CEO of Twin Capital Management LLC, and Stephen Dowicz, managing member of Davidson Kempner Capital Management, attend the HELP HEROES Annual Tribute Dinner on March 12, 2014. The HELP HEROES Annual Tribute Dinner recognizes outstanding individuals who share in HELP USA’s goal to end homelessness. The event took place in New York City and included notable guests, entertainers and supporters of HELP USA.

David Simon, founder and CEO of Twin Capital Management LLC, and Stephen Dowicz, managing member of Davidson Kempner Capital Management, attend the HELP HEROES Annual Tribute Dinner on March 12, 2014. The HELP HEROES Annual Tribute Dinner recognizes outstanding individuals who share in HELP USA’s goal to end homelessness. The event took place in New York City and included notable guests, entertainers and supporters of HELP USA.

Mr. and Mrs. Joseph Greenwald, David Simon, founder and CEO of Twin Capital Management LLC, and guest enjoyed a special evening honoring outstanding individuals committed to ending homelessness. This year’s recipients demonstrated their dedicated commitment to HELP USA’s mission in providing specialized services to at risk populations.

Mr. and Mrs. Joseph Greenwald, David Simon, founder and CEO of Twin Capital Management LLC, and guest enjoyed a special evening honoring outstanding individuals committed to ending homelessness. This year’s recipients demonstrated their dedicated commitment to HELP USA’s mission in providing specialized services to at risk populations.

Twin Capital Management Names Daren Taubenfeld as Chief Financial Officer

Twin Capital Management LLC (“Twin”), a New York-based event-driven hedge fund firm, has appointed Daren Taubenfeld, CPA as chief financial officer. In his new role with Twin Capital, Mr. Taubenfeld will oversee the company’s accounting and financial reporting. William Wang, who previously held the post of CFO, will now concentrate on oversight of regulatory requirements and operations in his role as chief compliance officer.

Mr. Taubenfeld joined Twin Capital after more than seven years at Whippoorwill Associates as a controller. Previous posts include serving as an assistant controller for Sagamore Hill Capital Management and as a senior accountant for ING Alternative Assets.

Mr. Taubenfeld graduated from the University of Michigan with a B.B.A. in Accounting in 1995.

“Daren has an accomplished background in managing hedge fund accounting and operations. He will strengthen our back office operations and support our infrastructure as we continue to grow in size and assets,” said David Simon, Twin Capital’s founder and CEO.
Mr. Taubenfeld is the latest staff member to join Twin Capital, which has seen substantial growth since 2009. Recent hires include former employee Michael Horgan from Guggenheim Global Trading as senior vice president and Sarah Petner from Jeffries LLC as vice president.

Twin Capital Manager David Simon’s top three stock picks – Marketwatch

In this column, Meena Krishnamsetty shares a trio of stock picks by David Simon of Twin Capital, who demonstrated that he can generate an annual alpha of around 7 percentage points per year. Twin Capital’s annual returns ranged between 6.5% and 13.2% for the years between 2008 and 2012. For full article, click here.

Solving Kids’ Cancer annual Spring Celebration 2013

SOLVING KIDS CANCER GALA David Simon, founder and CEO of Twin Capital LLC, attended Solving Kids’ Cancer annual Spring Celebration on May 7, 2013. The event was a memorable and poignant evening celebrating children and the renewal of spring, while underscoring Solving Kids’ Cancer’s core vision that “every kid deserves to grow up.” Spring Celebration raises significant funding for the creation of new treatment options for children with cancer.