Duet Group CEO Osman Semerci Announces Two Senior Commodities Trader Hires for New Hedge Fund
December 8, 2010
Duet Asset Management prepares to launch new commodities hedge fund
LONDON (PRWEB) December 8, 2010 – Duet Asset Management, the London-based alternative asset manager, is preparing to launch a new commodities hedge fund by hiring Tony Hall and Arno Pilz.
Tony Hall is the global head of distillates oil trading at Credit
Suisse-Glencore, one of the world’s largest commodity partnerships and has previously worked as an oil trader focusing on the bank’s commodity at Deutsche Bank.
Arno Pilz brings his commodities expertise as the former global head of metals trading at UBS and Lehman Brothers.
A string of high-profile departures of senior traders have been taking place, as they anticipate the effects of the new banking regulation, which would ban proprietary trading operations in the U.S., while Europe traders face pay curbs. In July, European lawmakers pushed for tight restrictions on banker bonuses.
Duet Group CEO, Osman Semerci said, “we are glad to have Tony and Arno join Duet.”
BACKGROUND ON DUET
Duet Group was founded by Henry Gabay and Alain Schibl in June 2002 in London. Osman Semerci joined as CEO in 2008. Duet is a London based alternative asset management company managing over US$2.3 billion of equity as of the 1st of September 2010, across three business areas: Hedge Funds, Real Estate and Fund of Hedge Funds.
Duet Group employs 73 professionals in London, New York, Tokyo, Singapore, New Delhi, Dubai and Istanbul.
Osman Semerci and DUET Group appoint Wolf Hengst as Independent Director to the Board of DUET India Hotels
November 23, 2010
DUET India Hotels appoints Wolf Hengst as Independent Director to the Board.
DUET Group is pleased to announce the appointment of Wolf Hengst as a fourth Independent Director to the Board of DUET India Hotels.
(Read more via Duet Group.)
Duet Group proves to be in tune with tough real estate debt market
February 17, 2010
The private equity arm of hedge fund Duet Group found rare success in reaching a first closing for its debut real estate debt fund, which will target Germany and the UK, writes Jane Roberts
Last year was an extraordinarily tough time for fund managers trying to raise capital to buy property – and for funds investing in property debt it was tougher still, as Duet Group’s Dale Lattanzio readily admits.
(Read more via Duet Group.)
Duet Group has appointed Eric De Candia chief executive of Duet Alternative Investments, its fund of hedge funds platform.
The Duet division has also appointed Karim Khimji as chief investment officer for Europe and Douglas Morse as chief investment officer for the US, with both reporting to Mr De Candia.
Prior to joining Duet Group, Mr De Candia was co-founder, president and principal of AltEdge Capital Management, where he was also a member of the investment committee and head of business development. From 1999 to 2003 he was the chairman and principal of Intosoft.
Between 1990 and 1999, he worked at Credit Suisse First B
Osman Semerci, CEO of the Duet Group, a global financial group specializing in alternative asset management, is delighted to announce Vladimir Kitaygorodsky as CEO of Duet USA and the launch of Duet’s New York office. Mr. Kitaygorodsky will be the responsible for establishing the firm’s asset management capabilities in the United States within the hedge fund and private equity space, as well as promoting its distribution capabilities.
Prior to joining the Duet Group, Mr. Kitaygorodsky was a senior vice president and founding member of the Institutional Equities Group at UBS, where he covered global equity markets and was responsible for developing and managing senior client relationships with major investors in the United States. During his time he built one of the most highly regarded distribution teams.
Duet Group on CNBC
August 20, 2009
African Banks Dodge Crisis
Africa’s banking system was isolated from the worst of the financial crisis, Ayo Salami from Duet Victoire Africa Index Fund told CNBC Thursday. Salami currently favors African brewers, cement companies and telecoms companies.
The Fund Will Use a Combination of Directional, Relative Value and High Frequency Trading Strategies
Osman Semerci, CEO of the Duet Group, a global financial group specializing in alternative asset management, is pleased to announce the launch of the company’s Central Eastern European, Emerging Market, Multi-Strategy Fund, also known as the “Duet CEE Fund”. The Fund will use a combination of directional, relative value and high frequency trading strategies.
Osman Semerci and Duet Group Announce Acquisition of New Star Assets with Launch of Active Africa Fund
June 25, 2009
The New Fund Seeks to Deliver Consistent Capital Appreciation Through Active Management in the Value of Fund Assets
Osman Semerci, CEO of the Duet Group, a global financial firm specializing in Alternative Asset Management, announced today the firm has launched its Duet Africa Opportunities Fund after raising fresh capital for the strategic acquisition of assets in New Star’s Heart of Africa Fund. This new fund seeks to deliver consistent capital appreciation through active management in the value of fund assets.
Duet Victoire Africa Index Fund
June 11, 2009
Ayo Salami discusses the Duet Victoire Africa Index Fund in the FT.
Osman Semerci, Duet Group CEO, Announces the Launch of the First Multistrategy Hedge Fund in the MENA Region
May 21, 2009
OSMAN SEMERCI, DUET GROUP CEO, ANNOUNCES THE LAUNCH OF THE FIRST MULTISTRATEGY HEDGE FUND IN THE MENA REGION
The new fund will target both equity and fixed income markets in the MENA region and will be managed by Duet Mena Limited.
Dubai, UAE — 21 May 2009 — Osman Semerci, CEO of Duet Group, a global financial group specializing in Alternative Asset Management, announced today the launch of the first MENA multistrategy hedge fund “Duet MENA Opportunities Fund”. The new fund will target both equity and fixed income markets in the MENA region and will be managed by Duet Mena Limited, a DIFC licensed asset manager.
Rabih Sultani, Chief Investment Officer, will manage the fund under the leadership of Hedi Ben Mlouka, Chief Executive Officer of Duet MENA. Rabih brings over 9 years of fund management and research experience across equities and fixed income. The investment team has one of the longest established track records in the Middle East.
Hedi Ben Mlouka said: ‘The current unfolding crisis has created unprecedented opportunities in global markets. Such opportunities appear to be even more eye-catching in the MENA region, and we, Duet Group, are well positioned to take advantage of these prospects for our clients. I am pleased to announce that Duet’s commitment to the Middle East has led to the allocation of significant capital to the fund from existing shareholders and clients’.
The Fund will deploy three main investment strategies: Conviction, Relative Arbitrage and Opportunistic trading. These will be premised on pricing dislocations and valuation imbalances that are created from time to time under the influence of economic, political and capital flow factors.
The fund is unique in that it operates in both Equity and Credit markets while applying a rigorous risk management process. The investment process is based on fundamental, quantitative and technical factors to identify trades offering a favorable risk-return profile, while capital will be dynamically allocated across these strategies as opportunities change’, said Rabih Sultani.
Duet Group is a client-focused financial group specializing in Alternative Asset Management that is dedicated not only to generating superior investment returns, but also to delivering risk management, transparency and client service required by sophisticated investors. Duet Group was founded by Henry Gabay & Alain Schibl in June 2002 in London and has USD 2 billion of equity under management. Osman Semerci joined as Duet Group CEO and Managing Partner in April 2008.
For more information, please contact Yazid Ben Salem on ybensalem@duetgroup.net or visit our website www.duetgroup.net
