Special Edition: Credit Arbitrage Analyst Field Trip

In this special audio-only edition of alt.Blend, I was joined by Jeremiah Riethmiller, Chief Investment Officer (CIO) at Sarian Strategic Partners (our Hightower colleagues), and Gregg Loprete, Portfolio Manager (PM) at Water Island Capital.

We touched on a few topics, including: • Broader considerations of alternatives and how they are used within portfolios • Challenges investors face in current markets, especially as it relates to traditional fixed income • An overview of merger arbitrage strategies, and, more specifically, leveraging Gregg’s experience as credit arbitrage PM to help us gain a better understanding of how it works and where it may be useful.

We did our best to alleviate some of our standard jargon and kept it to a relatively high level, but I hope the discussion gives you a “fly on the wall” experience of what it’s like to be walked through an investment strategy and trade examples directly by a PM. In essence, it’s a virtual field trip that allows you to play the role of a novice investment analyst sitting in on a manager meeting.

Until next time, this is the end of alt.Blend.

Links mentioned in this episode:

• http://altblend.com
• http://thebahnsengroup.com