MD Sass Adds New Portfolio Managers

Apr 30 2007 | 9:18am ET

Asset management firm MD Sass has added two new senior portfolio managers to its roster. Melissa Sheer has joined as a vice president in its tax-exempt fixed-income division and Mark Crawley has joined as a director of MD Sass affiliate Waterfall Asset Management, which specializes in the management of high-yield asset-backed securities.

Sheer's responsibilities at the New York-based firm include analyzing and managing tax-exempt fixed income securities. Previously, she worked at Morgan Stanley and Company as vice president and senior portfolio manager of separately managed tax-exempt fixed income portfolios.

Crawley will focus on research and trading of high yield asset-backed securities. He was previously responsible for the capital markets advisory effort at Pentalpha Capital Group, where he advised its hedge fund, private equity, and investment banking clients in the acquisition, valuation, and disposition of distressed and subordinate assets.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

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

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.