Steven is Co-Lead Portfolio Manager for the IA Clarington Global Bond Fund, sub-advised by PineBridge Investments. He joined PineBridge in 2000 and is responsible for coordinating and overseeing the firm’s global credit and fixed-income strategies. He also co-manages the Leveraged Finance Group and portfolios.
Steven’s previous experience includes positions as Head of High Yield and Special Situation Investments at Citadel Investments, Head of Leveraged Finance at Koch Capital and Vice President of High Yield and Distressed Debt Trading at BancAmerica Securities.
He received a BS in Finance and Management from the Wharton School of Business at the University of Pennsylvania and an MBA in Finance from the Kellogg School of Northwestern University. He is a CFA charterholder.
Fundamental-driven asset allocation and intensive, bottom-up credit research and security selection are the cornerstones of Steven’s approach. He invests across an intermediate time horizon, based on his view that market prices typically converge with fundamentals over a nine to 18 month period. This intermediate timeframe sits between a pure tactical approach, which he believes is too short-term for prices to connect well with fundamentals, and a strategic approach, which is too long for most investor needs. Steven’s approach dynamically and nimbly adapts to changing market conditions with the goal creating consistent, attractive income streams for investors.
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