Horizon Cash Management Taps Markowitz As President

May 16 2013 | 11:34am ET

Chicago-based Horizon Cash Management, an investment advisor specializing in active cash management solutions for the alternative investment industry, has named Michael Markowitz president.

Markowitz, who continues as chief investment officer, replaces Pauline Modjeski, who has served as president since 2008.

Markowitz joined Horizon as CIO, executive vice president and partner in April 2012 from Guggenheim Partners, where he was managing director and head of short duration fixed-income. Prior to that, he held the same positions at UBS Global Asset Management and its predecessor firm, where he was responsible for the investment and business side of the short duration division.

At Horizon, Markowitz has been responsible for the development and implementation of the overall strategies for the firm and management of all investment functions including trading, credit research and the operational aspects of the trading desk. As president, his main focus is on portfolio management and oversight of business operations.

Said Diane Mix Birnberg, Horizon founder and chairman, in a statement: “Michael’s 23 years of experience in managing fixed income portfolios has made significant contributions to Horizon’s ongoing success. His level of expertise has helped improve our trading desk and operational efficiencies, adding value to our clients’ portfolios and overall confidence in the fixed income markets in which we invest. Horizon is very pleased to name Michael the new president.”

Founded in 1991, Horizon Cash Management has approximately $2 billion in assets under management.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of