Thu, Dec 18, 2014
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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar