Wednesday, 24 August 2016
Last updated 2 hours ago
Jun 22 2007 | 2:19pm ET
Municipal bond arbitrage shop 1861 Capital Management has hired Kurt van Kuller as its assistant portfolio manager. In his new role at the hedge fund, he reports to co-portfolio managers Jed McCarthy and Evan Lamp.
Previously, Van Kuller Kurt served as a managing director of the municipal bond credit research group at Merrill Lynch and Co.
“The hiring of Kurt allows us to expand into other sectors of the $2.4 trillion municipal bond market such as housing bonds, which offer more attractive yields at the AAA and AA rating levels for our investors,” said John Lee, a co-founder. “In fact, the state housing finance authorities are often more highly rated than the states themselves.”