Drum appoints Duran Curis to oversee Special Situation Partner Funds

By Devika Patel

Knoxville, Tenn., June 23 - Drum Capital Management LLC said it has hired Duran Curis as a managing director.

As a senior member of Drum's investment committee, Curis will be based in Drum's Stamford, Conn., headquarters, where he will be responsible for assisting in the diligence, oversight, manager selection and portfolio construction for the Drum Capital Special Situation Partner Funds as well as Drum's portfolio construction and direct investments.

Curis previously was a managing director at HRJ Capital, where he launched the HRJ Special Opportunities Funds, a series of funds focused exclusively on distressed debt, turnaround and restructuring investments.

Prior to HRJ Capital, he was managing director and head of the United States office of LGT Capital Partners, which Drum said is one of the largest European-based private equity fund of funds managers. Before founding LGT's U.S. office, Curis was based in LGT's main office in Zurich.

While at LGT, he led over $1 billion of private equity fund commitments in buyout/special situations and venture capital funds.

Prior to joining LGT, Curis spent nearly five years with Pacific Corporate Group, where he was responsible for the evaluation, due diligence, negotiation and monitoring of private equity fund investments on behalf of institutional investors such as CalPERS, the State of Oregon and the State of Washington.

He began his career at Schroder & Co. in Los Angeles.

Curis received his master's degree in business administration from the Fuqua School of Business at Duke University and his bachelor's degree in finance from Bowling Green State University in Ohio. He is a CFA Charterholder and a member of the CFA Institute.

Drum is an investment management firm.

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