With over 60 experienced investment professionals dedicated to research, trading, risk management and portfolio management across the full spectrum of fixed income sectors, we believe we have the expertise to succeed in any market environment. We are led by:
Thomas Girard is a Senior Managing Director and Head of Fixed Income Investors. He oversees more than $146 billion (as of September 30, 2017) in fixed income investments including investment-grade corporate bonds, high-yield bonds, floating-rate loans, mortgage-backed securities, asset-backed securities, transportation & equipment finance and CLOs, stable value and short-term investments.
Mr. Girard has over 25 years of investment management and financial services experience. He joined the Firm in 2007. Previously, he was the co-head of fixed income and a portfolio manager at Robeco Investment Management/Weiss Peck & Greer where he developed investment strategies for institutional clients including insurance companies and corporate pension plans. He was also a portfolio manager at Bankers Trust. Mr. Girard has a BS from St. John Fisher College and an MBA from Fordham University’s Graduate School of Business.
George Cherpelis is a Managing Director and the Head of the General Account Client Portfolio Management and Quantitative Research Team. Mr. Cherpelis joined the Firm in 2004 and is responsible for managing the investment activities of the NYL General Account. In addition, his team is responsible for working with the NYL business units to formulate investment strategies, implement asset/liability investment solutions, optimize their investment programs, supervise investment activity and report investment results to NYL senior management. Previously, Mr. Cherpelis co-managed over $15 billion of third-party investment grade fixed income mandates. Prior to joining, he held a variety of different positions at Citigroup and Salomon Brothers relating to investment strategy formulation and trade idea generation for total return clients. Mr. Cherpelis received a BS from The City College of New York and two MS degrees from Manhattan College.
Robert Dial is a Managing Director, Head of the High-Yield Credit team and has over 23 years of investment experience. Mr. Dial oversees the investment activity related to all non-investment grade assets including floating rate loans, high-yield bonds and emerging markets. He is also the lead portfolio manager on all floating rate loan mandates, including retail mutual funds, institutional separate accounts and CLOs. Prior to joining the Firm in 2001, Mr. Dial worked extensively in the leveraged finance markets for Fleet Securities, Credit Lyonnais and Chase Manhattan Bank. Mr. Dial has a BA from Yale University with an MBA from the University of Chicago.
Edward Fitzgerald, CFA
Edward Fitzgerald is a Managing Director and Head of the Structured Finance team. With more than 28 years of investment experience Mr. Fitzgerald oversees all investment activity related to treasuries and agencies, taxable municipals, agency and non-agency, RMBS/residential ABS, International RMBS, credit cards, autos/equipment leasing and esoteric securities. Prior to joining the Firm, Mr. Fitzgerald worked for New York Life Insurance Company in a similar capacity. He was also an investment analyst and strategist for Prudential Securities. Mr. Fitzgerald has a BBA from Baruch College and an MBA from the Fordham University Graduate School of Business.
AJ Rzad, CFA
AJ Rzad is a Managing Director and Head of the Public Investment Grade Corporate Group. Mr. Rzad oversees all investment activity related to the public investment grade corporate sector with emphasis on managing the team of sector specialists and investment grade credit analysts. Prior to joining the Firm in 2000, Mr. Rzad was an investment analyst at MetLife Investments focused on high yield and high grade corporates. He also held various investment positions at Lehman Brothers and PaineWebber. Mr. Rzad holds both a bachelor’s degree and an MBA from Cornell University and has more than 22 years of investment experience.
Donald Serek, CFA
Donald Serek is a Managing Director and Head of the Investment Grade Portfolio Management team. With more than 23 years of investment experience, he is responsible for managing all multi-sector third-party fixed income portfolios, including retail mutual funds and institutional separate accounts. Prior to joining the Firm in 1997, Mr. Serek was a senior analyst in the high-grade credit group of Citigroup Securities and held various positions in Citibank’s International and Latin American banking groups. Mr. Serek has a BBA in Finance and Economics from Temple University.