Dorset Management
Who We Are
Julian Rundle
Managing Partner/CIO
Julian Rundle has been Managing Partner and Chief Investment Officer at Dorset Management since the company’s inception in 2004 and chairs its Investment Committee. He has more than 30 years of experience in successful management and trading of commodities and the oversight of managers in commodities and natural resources. At Dorset Management, he oversees the management of hedge fund portfolios, as well as taking the lead role in the due diligence process of all investment managers, a number of whom have been specialist traders in the commodities and natural resource areas. Mr. Rundle began his career in asset management at Balfour Maclaine International Inc., a U.S. subsidiary of Bowater Corp of the UK, where he developed and successfully managed its North American Commodities portfolio. He was also a member of the Chicago Mercantile Exchange. He subsequently managed commodities portfolios and supervised commodity managers at Commodities Corporation in Princeton, NJ (which was later acquired by Goldman Sachs). From 2001, and prior to establishment of Dorset, Mr. Rundle advised Macquarie Bank on all aspects of its hedge fund investment activity. Mr. Rundle is Australian and is a resident of New York City. He was educated at the University of Sydney Faculty of Arts and Faculty of Law in Australia and Columbia Business School in New York. Mr. Rundle is a member of the Executive Advisory Board of the Program for Financial Studies at Columbia Business School.
Michael Dubin
Managing Partner
Michael Dubin is Managing Partner and Chief Risk & Compliance Officers at Dorset Management. Before Dorset Management he was a Managing Director at Silvercrest Asset Management, where he headed up the alternatives group. Mr. Dubin has over 35 years of hedge fund experience. His work with currency and commodity traders goes back to the 1970s. Previously, as a partner in Powers & Dubin for over 15 years, he developed their expertise in hedge fund-of-funds, including niche customized portfolios of commodity trading advisors. Prior to that, for nearly a decade in the 80s, he served as President of both Morgan Stanley/ GFTA and GFTA Services, which was the equivalent of a macro/currency hedge fund and advisory firm, and marketed sophisticated multi-billion dollar currency risk management systems for major institutions worldwide. Earlier, he headed up the International Financial Advisory Service at Brown Brothers Harriman & Co., advising the Treasurers of the Fortune 500 companies on currency risk management systems, as well as monitoring currency traders. He is the author of the book, Foreign Acquisitions and the Growth of the Multi-National Firm, and lectures frequently on alternative investments and financial at conferences and business schools. He has a PhD from the Harvard Business School in International Finance and BA from Yale University in Molecular Biophysics and Biochemistry. He currently teaches Alternative Investments for the MBA Program at the Zicklin School of Business at CUNY/Baruch College. He also serves as Director and Treasurer of both PlaNet Finance Corp, a non-profit in global microfinance, and the Cities for Financial Empowerment Fund, a non-profit which helps inner-city residents achieve financial stability. He has served as the Chairman of the Endowment Committee of the Town School, where he was a Trustee and Treasurer for over a decade.
Brett Horton
Senior Operational Due Diligence Manager
Brett Horton is the Senior Operational Due Diligence Manager at Dorset. He is a recognized industry leader with deep expertise in operational risk due diligence. He has in prievious professional appointments, headed the Operational Due Diligence (ODD) services at major financial institutions including Mercer, Duff & Phelps and Marsh McLennan, Most recently, he led Mercer’s Operations & Controls Assessment service, where he was responsible for business development, strategy, positioning, and execution of investment operational risk due diligence consulting solutions throughout the U.S. At Duff & Phelps, he created their Forensic ODD service, which expanded the traditional ODD process to include, among other areas, an intensive review of a fund manager’s personal finances. Throughout his 30-year career, his clients have included, among others; pension funds, investment managers, insurance companies, institutional investors, RIA’s, commodity trading advisors, and global corporations. He is an accomplished forensic economist with extensive experience serving as an expert witness on state and federal cases as well as international arbitrations. His undergraduate concentration was in economics at Brigham Young University, where he was also a distinguished member of Omicron Delta Epsilon (National Economics Honors Society).
Alina Dulimof
Chief Operating Officer
Alina Dulimof is Chief Operating Officer and Head of Investor Relations and Business Development at Dorset. Prieviously she was a managing director responsible for business development with Park Avenue Securities, a wealth management advisory firm in New York. Prior to PAS, she was a partner with Nationwide Planning Associates and a VP, Private Banking at Merrill Lynch in New York, where she was Series 7 and Series 66 registered. Alina was also the founder and CEO of a cross-border investment advisory firm, based in NY and Stockholm, focusing on increasing clients’ enterprise value, by providing investment banking services and restructuring solutions. Earlier, Alina was an Investment Manager with BrainHeart, a VC firm in Stockholm, where she was responsible for investment decisions, while supporting the management teams of its portfolio companies. Prior to her investment management career, Alina was a successful technology executive, starting at Ericsson in Stockholm, directly after her graduation with distinction with a degree in Nuclear Physics from Bucharest University. At Ericsson she held executive positions within diverse business areas, from research to product development, marketing and strategic partnerships. During her tenure at Ericsson she earned an Executive MBA from Stockholm School of Economics. She is a CFA charter holder.