Deer Park Road Adds To Portfolio Management Team

Aug 4 2010 | 7:58am ET

Distressed mortgage manager Deer Park Road Corp. has named Scott Burg as associate portfolio manager.

In his new role, Burg reports to Michael Scheckman, portfolio manager and owner of the Steamboat Springs, Colorado-based firm. In addition to assisting with the management of the firm’s distressed MBS/ABS portfolio, Burg will assist with the risk management of the portfolio.

“I worked closely with Scott while at Clayton IPS and always found his analytical skills and in-depth knowledge of asset-backed securities to be very impressive,” said Scheckman. “We expect Scott to have an immediate and significant positive impact on our portfolio, and help us continue to produce strong results.”

Prior to joining Deer Park, Burg was a principal at General Capital Partners, which focused on advising middle market companies in distressed situations. Previously, he was at Pursuit Partners, a $500 million fixed-income hedge fund where his focus was on analyzing ABS opportunities.

Deer Park Road is a privately owned Registered Investment Advisor founded in 2003. The firm invests in distressed mortgage and asset backed fixed-income securities.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...