Saturday, 30 August 2014
Last updated 1 day ago
Nov 1 2011 | 9:30am ET
Galton Capital Management, the residential mortgage credit investment arm of Mariner Investment Group, has hired Tim Lynch as head of servicing oversight.
Lynch has 25 years’ experience in the mortgage industry, having held various senior management positions at Chase Manhattan Mortgage and Washington Mutual. Lynch served most recently as head of liquidation strategy in Chase Manhattan’s Default Strategy department.
In his new post, Lynch will oversee all mortgage servicing activities related to a new investment product focusing primarily on acquiring “pools of seasoned whole loans, as well as investing in legacy non-agency RMBS, single-name RMBS CDS, and mortgage credit indices,” according to a Mariner statement on the appointment. It will be the firm’s third longer duration investment product offering.
“Tim’s hiring is a natural extension of our team’s mortgage securities focus and augments our expertise in trading residential mortgages,” said Matt Whalen, a portfolio manager and co-head of the Galton investment team (and fellow Chase vet). “His experience, particularly his long career at Chase Manhattan Mortgage, provides us with a thorough understanding of servicing operations and the rapidly shifting regulatory environment that will help our valuation, risk assessment and management of whole loans and residential mortgage-backed securities, on both the long and short side."
The Galton investment team joined Mariner in December 2007 and is led by Kevin J. Finnerty, Whalen and Paul Park. As of June 1, 2011, the team advised more than $1.3 billion in committed capital on behalf of Mariner employing long- and short-term duration investment strategies primarily with the objective of investing in residential mortgage opportunities. The team is currently comprised of 16 members.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...