Derivatives Portfolio Management, L.L.C. announced last week the promotion of Gus Rossi to Vice President, Controller.
Guy J. Castranova, President and COO of DPM said that Mr. Rossi’s responsibilities include management of financial accounting as well as coordination of audits.
“Increased institutionalization of the alternative investment industry demands integrated administrative services by DPM,” said Mr. Castranova. “Gus has a solid understanding of the hedge fund industry, and we are confident that under his leadership DPM will expand the coordination between accounting, tax and operations in order to deliver the highest standards of administrative services to our clients.”
Rossi was previously Assistant Vice President, Tax at DPM and has managed the tax department for the past two years. He joined the tax department at DPM in January 2000 from Caxton Corporation, where he was head of tax supervision for more than two years. Previously, he was with Schaffer Lamont & Associates.
DPM offers a collection of integrated back-office services to fund managers, proprietary traders, institutional investors and asset allocators who invest in a wide range of asset classes and instruments traded world-wide, including the most complex derivatives. The firm provides web-based investment accounting, multiple broker and trader reconciliation, financial and tax reporting and fund administration services.