Palmer Square Capital Management, an investment management firm that provides portfolios of structured credit, collateralised loan obligations and hedge fund strategies, has appointed Jeffrey Fox as executive director.
Reporting to Angie Long, Palmer Square's chief investment officer, Fox's primary focus will be on managing the analytics, trading and modelling behind the firm's structured credit and CLO platform. He will also play a key role in new product development and working with the rating agencies.
Fox draws upon more than a decade of fixed income experience, most recently serving as a managing director at Sandler O'Neill and Partners, where he focused on the structuring and sales of a wide range of products, including CLOs. His experience also includes the restructuring of various credit legacy positions for European institutions as well as responsibility for the modelling of corporate rating and pricing for structured products.
Fox was also a member of the FAST organisation at JPMorgan Chase/Bear Stearns, where he focused on the structuring of various credit investment products.
Christopher D Long, president of Palmer Square Capital Management, says: "The unique opportunity in the structured credit space and the disciplined growth of our business has enabled us to continue attracting highly experienced professionals. We are thrilled that Jeff has become part of our team. Jeff's extensive experience working with structured credit and CLOs greatly enhances our capabilities in this space."
Palmer Square is part of Montage Investments, a diverse group of institutional investment managers that together manage more than USD15bn for a wide range of investors. Montage supports Palmer Square's distribution efforts through its team of 34 distribution professionals who are located throughout the country.