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Gabelli Global Multimedia Trust expands investment team


Gamco Investors has added Christopher J. Marangi to the investment team of the Gabelli Global Multimedia Trust.

Marangi (pictured) joins Mario J. Gabelli and Lawrence J. Haverty.

The team’s research efforts will be augmented by Christopher Dixon, the former global sector strategist for media at UBS.

The Gabelli Global Multimedia Trust is a non-diversified, closed-end management investment company with net assets of USD139m specialising in the media, publishing and entertainment industries.

"Our understanding of the intersection of analogue and digital worlds of media in all its evolving facets is under a superb investment team. Whether it’s entertainment in the gaming industry or wireless opportunities in Africa to the opportunities in 3-D in home entertainment, owners of Multimedia Trust should benefit," says Gabelli.

Marangi joined Gabelli as an analyst in 2003, and currently leads the digital research team covering the global media and telecommunications industries. He has been the associate portfolio manager of the Gabelli Value Fund since 2006.

Prior to joining the firm, Marangi was an investment banking analyst at J.P. Morgan and then an associate at Wellspring Capital Management, a private equity firm.

Dixon currently serves as strategic advisor and managing director, media investments. Before he joined the firm, Dixon was an analyst with Kidder Peabody, moving to Paine Webber and then UBS Warburg following Paine Webber’s acquisition by UBS.

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