GAMCO Investors has boosted the investment team of its subsidiary Gabelli Equity Trust by appointing Kevin Dreyer and Christopher Marangi as portfolio managers.
The appointments followed the departure of portfolio manager Zahid Siddique, who is launching his own business in Dubai.
Both Dreyer and Marangi joined G Research as research analysts and currently serve as global research coordinators.
Dreyer previously worked as an investment banking analyst at Bank of America Securities, while Marangi’s previous jobs include an investment banking analyst at JP Morgan and an associate at Wellspring Capital Management.
Portfolio manager Mario Gabelli said, “We are delighted to have Kevin and Chris join the Equity Trust team. Kevin and Chris have an excellent foundation in Graham & Dodd fundamental research that has served a number of our funds well.”
The Gabelli Equity Trust currently has $1.5bn in total net assets.
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