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GAMCO Mario J Gabelli

Gabelli Equity Trust expands investment team

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GAMCO Investors has appointed Kevin V Dreyer and Christopher J Marangi to the investment team of the Gabelli Equity Trust effective 1 July 2013, coincident with the departure of Zahid Siddique.

 
Dreyer and Marangi join Mario J Gabelli (pictured), who has been the portfolio manager of the fund since its launch on 21 August.
 
Gabelli says: "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."
 
Dreyer joined G.research in 2005 as a research analyst covering companies within the consumer sector. Dreyer now is a global research coordinator. He has been the associate portfolio manager of the GAMCO Global Opportunity Fund since 2006; the Gabelli Healthcare & Wellness(Rx) Trust since 2007; The Gabelli Asset Fund since 2009; and a co-portfolio manager of the Gabelli SRI Fund since 2011 and the Gabelli Dividend & Income Trust since 2012. He previously worked as an investment banking analyst at Banc of America Securities.
 
Marangi joined G.research in 2003 as a research analyst and currently is a global research coordinator. He has been the associate portfolio manager of the Gabelli Value Fund since 2006; the Gabelli Multimedia Trust since 2010; The Gabelli Asset Fund since 2010; and a co-portfolio manager of the Gabelli SRI Fund since 2011 and the Gabelli Dividend & Income Trust since 2012. He was previously an investment banking analyst at JP Morgan and an associate at Wellspring Capital Management, a private equity firm.
 
Siddique, associate portfolio manager of the fund, will be moving to Dubai, where he will launch his own firm that will focus on asset gathering and wealth management activities in the Middle East and other emerging markets.

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