Gabelli Securities, a 94 per cent owned subsidiary of GAMCO Investors, has appointed David L Fitzgerald as General Counsel and Chief Compliance Officer of the firm’s alternative investment fund business, Gabelli & Partners. 

Gabelli Securities currently has approximately USD1 billion in assets under management. Fitzgerald will be responsible also for compliance and legal oversight for the GAMCO International SICAV, the firm’s Luxembourg-based UCITS fund business.

Agnes Mullady, President and COO of the Fund Division of Gabelli Funds, says: "As we enter a major growth phase in our business globally, we are pleased to have the benefit of David's significant knowledge and experience in the hedge fund space, as well as his extensive experience with European investment management regulation. He will be an important addition to our legal and compliance team and will add depth to our overall risk management framework."

Fitzgerald has eighteen years of experience in the legal and financial services industries. Prior to joining Gabelli, Fitzgerald was the Associate General Counsel of Sciens Capital Management, the head of Leveraged Finance Legal for UBS in Europe and was associated with the law firms of Shearman & Sterling LLP and Cahill Gordon & Reindel.

Fitzgerald earned his JD from Fordham University School of Law and his BA from Georgetown University.