Credit Hedge Fund Aravali Hires Morgan Sales Vet

Jul 23 2008 | 11:40am ET

New York credit hedge fund Aravali Partners has added a 22-year Morgan Stanley veteran to boost its institutional sales and business development efforts.

David McMahon joins the $225 million firm, which specializes in municipal arbitrage, relative-value fixed-income and concurrent hedging strategies, from Morgan Stanley, where he focused on municipal bond and derivative sales.

“We are excited to tap David’s unique knowledge and 22 years of experience in the municipal market to expand our collective talents here at the firm,” Mark Young, president, said. “The timing of David’s association with the firm comes during a period of unprecedented dislocation in our markets and we look forward to working with him to capitalize on these opportunities.”


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of