Hedge Funds

Fiszel repositions Rhombus

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Amid flagging returns for the two-year-old telecommunications and media-focused Rhombus Capital Management, founder David Fiszel - an alumnus of both SAC Capital Advisors and Omega Advisors - is repositioning the firm to better exploit opportunities in media and telecom-related technology trades.

As part of the move, Fiszel has hired senior analyst Kenehee Lee, a technology specialist and veteran of four other hedge funds to cover telecom equipment and technology. Before joining Rhombus in April, Lee was a senior technology hardware analyst at Zinc Capital Management. Prior to that, he worked for Q Capital Advisory, The Cypress Funds and Palentir