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Elm Ridge names new COO amid losses

November 06, 2012   Lawrence Delevingne

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Credit Suisse Asset Management's Mike DeAddio will join Ron Gutfleish's firm in January.


  
 

 Mike DeAddio (Photo: LinkedIn)

Elm Ridge Capital Management, Ron Gutfleish's long/short equity firm, will have a new chief operating officer to start the new year.

Mike DeAddio will join the Irvington, NY-based shop on January 2, according to a letter sent to investors yesterday. He had been the COO of global alternatives at Credit Suisse Asset Management since 2009, where he was "responsible...

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Data

April 2013 Global indices

Composite
Index Composite
GlobalApr 13YTD%
Composite0.74%3.96%86%
Emerging Market Debt1.05%1.81%93%
Emerging Market Equity0.59%4.49%93%
Equity0.50%5.65%83%
Event Driven0.77%4.32%72%
Macro0.74%2.69%77%
Managed Futures1.40%2.89%90%
Single Manager African0.66%4.48%100%

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