West Palm Beach (HedgeCo.net) – New York hedge fund manager Meditron Asset Management is adding Joseph Di Virgilio as Co-Portfolio Manager at the firm.

Joseph Di Virgilio has made numerous accurate market predictions, such as the collapse of Lehman Brothers (Reuters Hedge World, May 2008) as well as the ongoing economic crisis (Business Week, November 2005). He is also a key figure within the renewable energy and natural resources segments.

"We focus on the "big picture" we try not to partake what is referred to as “the herd mentality." Simply following market noise leads to irrational choices" Joseph Di Virgilio says. "Understanding market economics and investor emotion is a valuable key in assessing the economic and fiscal horizon.” Dr. Gerasimowicz, Chairman and CEO of Meditron said. "We are very excited to add Di Virgilio to Meditron’s professional staff. His international experience will bring a new dimension both to our investment programs and clientele."

Di Virgilio co-founded Vertus capital Partners and Juno Mother Earth in early 2006. In prior years he spent over 14 years on Wall Street in roles including energy investment banking and asset management. Di Virgilio left investment banking in 2002 to pursue his passion for fund management. He started working for Kenneth L. Fisher, of Fisher Investments (a $45 Billion Money Management Firm), an expert in the field of behavioral finance. This field captivated Di Virgilio’s interest and he has been active in this discipline ever since.

 

Alex Akesson