GREENWICH, Conn., July 14, 2014 /PRNewswire/ -- Tradex Global Advisors LLC, an alternative asset management company, announced today that Jeff Kong will join the firm as a partner and portfolio manager. Kong will be responsible for all mortgage-related strategies at the firm. Mr. Kong is a well-known and respected portfolio manager in the mortgage arena who has generated significant returns for investors over his 12 years of trading.
"We are thrilled that Jeff has decided to partner with us. We've known and invested with him for a decade with stellar results. Jeff's reputation as a skilled mortgage trader and his integrity in the business, combined with his track record will be attractive to investors. In the most extreme stress years he was able to mitigate losses through skillful risk management and then take advantage of the opportunity that followed," said Michael Beattie, one of the firm's founding partners and its Chief Investment Officer. Mr. Beattie further stated, "Looking forward, we certainly expect the fixed income investing landscape to change dramatically as central banks alter course and the rules change. Success in this arena requires a talented and seasoned portfolio manager as well as an equally skilled organization. I believe that with Jeff at the helm, our business has both."
"My partners at Tradex truly understand all aspects of mortgage investing. The firm has a long history in the mortgage market and has evaluated and invested successfully in many mortgage managers. It was thus a natural fit that Tradex and I join forces. We believe we have a platform that will enable us to extract alpha and provide excess returns for our investors. Our goal is twofold: to earn an excellent ongoing return stream, and as important, to be ready to capitalize on market dislocations that frequently present themselves during times of change or stress, as I've seen many times during my career. I believe our experience across numerous market cycles gives us an advantage," stated Mr. Kong.
Prior to joining Tradex, Mr. Kong was a portfolio manager at Passport Capital for the M1 Fund. Mr. Kong joined Passport from Structured Portfolio Management, where, from 2000 to 2010, he managed the approximately $1B flagship SPM mortgage fund, Structured Servicing Holdings (SSH), which annualized at +23.6% during his tenure as portfolio manager. SSH ranked as the #1 Large Hedge Fund by Bloomberg Markets in 2010 and ranked #8 in Barron's 2009 Top 100 Hedge Fund List. Previously, Mr. Kong served as a director at Donaldson, Lufkin & Jenrette for whom he was a market-maker in mortgage-backed securities. Before DLJ, he was a vice president at Greenwich Capital Markets, first, in mortgage-backed securities modeling and structuring, and later trading MBS derivatives and CMOs. Mr. Kong graduated from the University of Florida with a Bachelor's degree in Finance and Management.
About Tradex Global AdvisorsTradex Global Advisors, LLC (TGA) is headquartered in Greenwich, Connecticut. TGA manages opportunistic internal hedge funds and niche-focused fund of hedge funds. With its targeted focus, TGA seeks to identify very specific trading opportunities and to partner with highly experienced teams to execute the strategy. TGA was founded in 2004 and is managed by Michael Beattie, Richard Travia and Jeff Kong. TGA was an affiliate and spinout of Tradex Capital Markets, a large and successful macro fund of managed accounts that launched in 1998, collectively with peak assets of more than $3 B.
Tradex Global Advisory Services, LLC
investorrelations@thetradexgroup.com
203-863-1500
@Tradex_Global
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