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DKR Hires President for Quant Group
by Paula Schaap ,Senior Reporter , July 21, 2008

DKR Capital is bringing on a new president to expand its quantitative business.

Daniel Rizzuto is joining DKR Fusion from Oracle Investment Management, an asset manager that focuses on healthcare. He will work with DKR Fusion’s investment manager Pascal Magnollay to lead its business expansion, the firm said in a statement.

DKR Fusion was launched in 1999. It systematically trades global commodities, foreign exchange, financial futures and equities markets.

Connecticut-based DKR Capital was the former AIG International Asset Management. In 2000, Gary Davis and Barry Klein took the firm private and renamed it DKR. The firm has about $3.8 billion in assets under management.

  
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