Tue, Jul 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Passport Capital names Jeffrey Kong as PM for mortgage backed and related fixed income strategy

Wednesday, April 13, 2011

John Burbank
Opalesque Industry Update - Passport Capital, a global alternative investment company, today announced that it has recently hired Jeffrey (Jeff) W. Kong as a portfolio manager. Mr. Kong is responsible for managing the firm's mortgage-backed and related fixed income strategy.

Mr. Kong joins Passport from Structured Portfolio Management where he was Senior Managing Director and Partner and spent ten years serving as Portfolio Manager of the firm's leading $1 billion flagship mortgage strategy. His responsibilities encompassed all portfolio management functions including asset selection, risk management and hedging.

"We are very excited to welcome Jeff to our team," said John Burbank, Chief Investment Officer of Passport Capital. "No one is better versed in the evaluation and trading of mortgage-backed securities than Jeff. He is a strategic complement to our investment team and will be invaluable as we seek to provide the most comprehensive solutions possible to our investors."

"I am delighted to be joining Passport at this exciting point in the company's development," said Mr. Kong. "Passport's highly experienced and global investment team, coupled with its diversified range of strategies, offers a truly unique solution that sophisticated, institutional investors demand."

Mr. Kong has nearly 25 years of experience trading and evaluating mortgage securities. Before his tenure at Structured Portfolio Management, Mr. Kong was a director and senior mortgage-backed securities trader at Donaldson, Lufkin & Jenrette. Previously, he served as a vice president at Greenwich Capital Markets in mortgage-backed securities research and trading. Mr. Kong received a Bachelor of Science in Business Administration from the University of Florida.

(press release)

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  2. Launches - Ex-Brevan Howard star Rokos builds team for new fund, Former Och-Ziff manager’s firm starts health care hedge fund, Industry veterans launch commodity investment firm Aron Capital Management, Nikko Asset Management launches two UCITS funds, Capital Group plans to debut Asian investor targeted fund[more]

    Ex-Brevan Howard star Rokos builds team for new fund From WSJ.com: Chris Rokos, a former star trader at Brevan Howard Asset Management LLP, has hired an economist from Nomura to join the team he’s assembling for his much anticipated hedge fund launch. Mr. Rokos, whose firm is due to b

  3. Institutions - Pension fund dismisses Texas consultant, Rhode Island pension fund gets 2.2% investment return, far below assumed rate of 7.5%, New Jersey pension investments see a drop-off in returns[more]

    Pension fund dismisses Texas consultant From Sandiegouniontribute.com: The county retirement board on Thursday terminated the Texas consultant who was given the reins of the $10 billion pension fund, and whose investment picks left many employees and retirees feeling taken for a ride.

  4. SWFs - Sovereign wealth funds paid around $14 billion in fees[more]

    From SWFinstitute.org: When it comes to the financial sector, asset management is one of the most profitable industries in the world. The Boston Consulting Group put out a 2014 figure saying there is US$ 74 trillion worth of professionally-managed assets. One of the fastest growing institutional inv

  5. Investing - Carlyle teams with TCW in push for ordinary investors[more]

    From Bloomberg.com: Carlyle Group LP isn’t backing down from its goal of offering alternative strategies to the masses, despite early setbacks. The Washington-based firm is teaming up with TCW Group, which is majority owned by Carlyle funds, to offer three vehicles that give ordinary investors acces

 

banner