Osman Semerci and the Duet Group Announce the Launch of CEE Fund
The Fund Will Use a Combination of Directional, Relative Value and High Frequency Trading Strategies.
New York, NY, October 03, 2009 --(PR.com)-- 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.
Chief Investment Officer Semih Tavli will be managing the fund with his team of regional experts. Mr. Tavli, a high caliber professional with trading, asset management and alternative investment experience, has traded in this region for over 18 years. Before joining the Duet Group, he was running a large family office in Istanbul. Not only has Mr. Tavli extracted the best results from every market climate, he has managed to provide some of his best trading results during periods of crisis. This coupled with his vigorous risk management skills makes the fund a very unique choice for investors and for the current market environment.
“The fund operates in both equity and fixed income while applying a rigorous risk management process,” said Osman Semerci (http://www.duetgroup.net/content.asp?PageID=258). “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.”
The offering is the company’s third new emerging market fund this year and will be seeded with about $25 million with a target running as much as $250 million. This news comes shortly after the company recently announced their acquisition of New Star’s Heart of Africa Fund and the increase of key-investor support for its multi-strategy hedge fund in the MENA region.
In addition to the launch of the “Duet CEE Fund”, Duet Group would like to announce the appointment of Pierre Bruyant as Head of Risk Management of Duet Group. Prior to joining Duet Group, Mr. Bruyant was with Caxton Associates from 2005 to 2009 where he acted as the sole risk manager for their London office. From 2000 to 2005, he held various risk-management positions in different investment banks in Paris, New York and London. Pierre graduated in 2000 from École Centrale de Lyon with a MSC in General Engineering.
About The Duet Group:
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 (http://www.duetgroup.net/content.asp?PageID=302) joined as Duet Group CEO (http://www.linkedin.com/in/semerci) and Managing Partner in April 2008.
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Chief Investment Officer Semih Tavli will be managing the fund with his team of regional experts. Mr. Tavli, a high caliber professional with trading, asset management and alternative investment experience, has traded in this region for over 18 years. Before joining the Duet Group, he was running a large family office in Istanbul. Not only has Mr. Tavli extracted the best results from every market climate, he has managed to provide some of his best trading results during periods of crisis. This coupled with his vigorous risk management skills makes the fund a very unique choice for investors and for the current market environment.
“The fund operates in both equity and fixed income while applying a rigorous risk management process,” said Osman Semerci (http://www.duetgroup.net/content.asp?PageID=258). “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.”
The offering is the company’s third new emerging market fund this year and will be seeded with about $25 million with a target running as much as $250 million. This news comes shortly after the company recently announced their acquisition of New Star’s Heart of Africa Fund and the increase of key-investor support for its multi-strategy hedge fund in the MENA region.
In addition to the launch of the “Duet CEE Fund”, Duet Group would like to announce the appointment of Pierre Bruyant as Head of Risk Management of Duet Group. Prior to joining Duet Group, Mr. Bruyant was with Caxton Associates from 2005 to 2009 where he acted as the sole risk manager for their London office. From 2000 to 2005, he held various risk-management positions in different investment banks in Paris, New York and London. Pierre graduated in 2000 from École Centrale de Lyon with a MSC in General Engineering.
About The Duet Group:
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 (http://www.duetgroup.net/content.asp?PageID=302) joined as Duet Group CEO (http://www.linkedin.com/in/semerci) and Managing Partner in April 2008.
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Contact
Rubenstein Communications, Inc.
Bryce Tom
2128438009
www.duetgroup.com
Bryce Tom
2128438009
www.duetgroup.com
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