Evan Zimmerman

DKR primarily invests in U.S. convertible bonds, including preferreds with low premiums. The firm may take positions in convertibles with higher than the average premium subject to certain credit and fundamental research criteria. Convertibles are hedged by shorting and through purchase of puts. DKR may employ leverage and outsource management of their equity funds.

Hamilton primarily invests in U.S. equities, convertibles, high yield bonds and options. They use in-house, fundamental research to seek convertible securities, risk arbitrage, utility pairs trading and special situations trades. The firm's arbitrage investments focus on foreign and domestic deals and often involve the use of options. The firm's pairs trading strategy is a long/short market neutral approach that focuses on the U.S. electric utilities sector. Their convertible securities strategy focuses on several types of investing, including gamma trading, credit and synthetic puts. For special situations, Hamilton's strategy may involve capital structure arbitrage trades, privately negotiated exchanges and other event-driven situations.