Stamford, Connecticut-based hedge fund advisory firm D5 Advisors has announced it has secured two new clients, each on a managed account platform with a promised capacity of USD50m.
Stamford, Connecticut-based hedge fund advisory firm D5 Advisors has announced it has secured two new clients, each on a managed account platform with a promised capacity of USD50m.
The winning of the new mandates coincides with the appointment of Andrew Vizcarra, who has a doctorate in mathematics and a master of science degree in statistics and computational finance from Purdue University in Lafayette, Indiana, as the firm’s director of research.
‘Andrew’s 10 years in the study and teaching of mathematics and statistics is a great asset to our research department and is a wonderful complement to the fundamental nature of our strategy,’ says Theodore Dumbauld, who founded D5 Advisors last year. ‘He will focus on both the enhancement of our current strategy and the exploration of universe expansion.’
D5 Advisors uses a fundamental relative value strategy, trading only a set of securities for which a net asset value can be calculated. Its intrinsic value approach exploits irrational market activity by focusing on the true value of the securities.
