Morid Kamshad has joined Duff Capital Advisors to lead a newly-formed financial services investment team. He previously was a portfolio manager with Pequot Capital Management. Also joining the team is Montserrat Farina, who previously was an I-banking associate within the financial institutions group of JPMorgan.
Duff Capital Advisors LP (DCA), an institutional investment management firm, announced today that it has added a financial services investment team led by Morid Kamshad to its alternatives platform, effective immediately. Mr. Kamshad was previously a Portfolio Manager at Pequot Capital Management. This partnership marks the second investment team to join DCA as the firm continues to build out its alternatives expertise in asset classes including absolute return strategies, private equity and real estate.
Mr. Kamshad and his investment team will seek to generate absolute returns through long and short investments by leveraging their deep and global expertise across the various sub-sectors of financial services, including banks and bank holding companies, thrift institutions, insurance companies, finance and mortgage companies, credit card issuers, and various other financial intermediaries and financial services companies.
“The addition of Mr. Kamshad and his team combines a distinctive blend of deep and differentiated expertise in financial services with a strong history of portfolio management for our investors,” said Phil Duff, DCA founder and CEO. “Additionally, Mr. Kamshad's knowledge and experience will further develop DCA's capabilities as he will play an integral role within our investment platform.”
“We believe that the structure and diversity of the global financial services sector is currently prime for long/short investing due to the large inefficiencies that can be found throughout most financial sub-sectors,” said Mr. Kamshad.
“Joining DCA, with their exceptional risk management, trade execution and operational infrastructure, provides an environment that will allow me to focus the majority of my time investing on behalf of our clients. I am proud to partner with a firm that has established an operational structure that provides me the opportunity and freedom to concentrate on portfolio management and perform thorough due diligence on investment ideas,” said Mr. Kamshad.
Previously, Morid Kamshad was the Portfolio Manager for the Global Financial Services fund at Pequot Capital Management. At Pequot, he managed dedicated financial sector portfolios in addition to providing financial services sector ideas to the various investment teams and multi-strategy funds. Before joining Pequot, Mr. Kamshad was a Portfolio Manager for the financial services strategy of Amaranth Advisors. Mr. Kamshad earned a MBA at the
Joining Mr. Kamshad on his team is Montserrat Farina, who previously worked as an Investment Banking Associate at JP Morgan within the Financial Institutions Group. Prior to JP Morgan, she was an Equity Research Associate with a focus on Large Cap
About Duff Capital Advisors
Duff Capital Advisors (DCA) is an investment management firm that provides institutional investors with a unique, holistic approach to portfolio management. DCA seeks to provide customized solutions to pension funds, insurance companies, foundations, endowments, and sovereign funds to help organizations fund their long-term liabilities by integrating a complete suite of investment strategies with advice and proprietary liability risk management and allocation tools and services. DCA's institutional-quality operational infrastructure and risk management capability will be combined with a broad array of strategies with an emphasis on non-correlated, alpha-generating alternative investments, including absolute return strategies, private equity and real assets. These strategies can be enhanced in multiple ways, utilizing leverage, hedging tools, overlays or wrappers to customize solutions that meet clients' objectives and liability and risk profiles. DCA is registered as an investment adviser with the Securities and Exchange Commission.
DCA was founded by Phil Duff, who co-founded and was Chairman & CEO of FrontPoint Partners.