Monday, February 4, 2013

Advent/Claymore Enhanced Growth & Income Fund Names Douglas A. D. Teresko

Effective February 1, 2013, Douglas A. D. Teresko will be replacing F. Barry Nelson as a co-portfolio manager on Advent/Claymore Enhanced Growth & Income Fund.

Teresko is a managing director at Advent who has been working on the fund since 2011. He will join the other co-portfolio managers, Tracy V. Maitland (Advent’s chief investment officer), Paul L. Latronica (managing director at Advent), and Anthony H. Woodson (managing director at Advent), in overseeing the management of LCM.

Teresko has been with Advent since 2011, where he has been serving in an array of portfolio management capacities on Advent’s closed-end funds and long only convertible strategies. Prior to joining Advent, he worked in global proprietary trading at Credit Suisse, where he managed portfolios of global convertibles, derivatives, and long/short equities. Before joining Credit Suisse, he was a portfolio manager at Citadel and DKR. He has also held various investment positions at Houlihan Lokey and JP Morgan. -PrimeNewswire