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15 Aug 2008

Hedge Fund Advisor Hires Mathematician and Boosts Assets

Hedge fund advisory firm D5 announced the launch of two new accounts, with each promising capacity of $50 million, for a possible $ 100 million on additional capital for the firm. The new accounts coincide with the hiring of mathematician and scientist Andrew Vizcarra as 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 compliment to the fundamental nature of our strategy." Theodore Dumbauld, founder of D5 said, "Mr Vizarra will focus on both the enhancement of our current strategy and the exploration of universe expansion."

D5's strategy utilizes a relative value strategy, trading only a unique set of securities for which net asset values can be calculated.

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