PORTFOLIO MANAGEMENT
INVESTMENT TARGET
◆ Income / Yield Generating
◆ Uncorrelated / Absolute Return Allocations
◆ Duration Neutral / Relative Value
◆ Consumer Focused Credit – Mortgages, Student Loans, Consumer Unsecured
INVESTMENT METHODOLOGY
◆ Top-down macro-economic analysis
◆ Bottom-up security selection
◆ Disciplined risk management
◆ Target absolute return
INVESTMENT TEAM
◆ 45+ years of combined MBS/ABS trading experience
◆ 30+ years of combined portfolio management experience
◆ 10+ years of firm management experience
INVESTMENT EDGE
◆ Pedigree: Sophisticated portfolio management experience through multiple economic cycles
◆ Process: Rigorous risk management
◆ Relationship: Extensive relationships through MBS/ABS universe including originators, servicers, GSEs, and broker/dealer community promotes information flow and liquidity in trading
◆ Analytics: Prepayment and credit modeling coupled with big-data utilization and real0time analysis key to success
◆ Management: PMs managed hedge fund business for WSA for 10+ years adding top talented to multi-faceted business
◆ Dedication: Dedicated to growing best in class structured products hedge fund