Pine River hires heavy hitter for new REIT
Mon Oct 26, 2009
Two Harbors will pursue a relative value strategy targeting residential mortgage-backed securities.
Bill Roth, who ran a Citigroup proprietary trading effort in
mortgage-and asset-backed securities, has joined Pine River
Capital Management to serve as a mortgage portfolio manager and
co-chief investment officer of a new real estate investment
trust the firm has formed under its Two Harbors Investment
subsidiary. From 1981 to...
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