Twin Capital Management (Twin), a New York-based alternative asset manager, has named Michael Horgan as Co-Chief Investment Officer.
Horgan (pictured), will join Twin founder David Simon, in the CIO role overseeing the firm’s event-driven investment strategies, jointly responsible for research, security selection, portfolio construction and risk management.
Horgan has managed his own carve-out within the firm’s flagship fund for the past three years, demonstrating a track record of consistent returns across a portfolio allocated to merger arbitrage and special situation opportunities.
“This is a well-earned promotion for Michael,” says Simon. “He has over a decade of experience in the event-driven space as a research analyst and more recently as a portfolio manager, and throughout his tenure at Twin he has contributed meaningfully to all areas of our investment activities. We are excited for him to step into the role and he has my full support, along with that of the entire firm. I look forward to working alongside him and seeing his continued growth trajectory at Twin.”
Horgan started his career on Wall Street at Banc of America Securities as an investment banking analyst in 2006. He transitioned to alternative asset management in 2007, joining Satellite Asset Management as an analyst in the risk arbitrage/special situation group. Horgan joined Twin in early 2009 as an event-driven analyst before moving to Guggenheim Global Trading in 2012, where he held the role of Co-Portfolio Manager of special situation strategies. He rejoined Twin in 2014 as a Senior Vice President of event-driven/special situations, taking on additional responsibilities as portfolio manager of his own carve-out. He graduated from Georgetown University, having spent a year of study at the London School of Economics, with a BS in Finance and Accounting.
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