Founding partners

Kendrick has over 20 years of MBS trading experience in the markets working at bulge bracket and mid-tier primary dealers. He has successfully managed sizable trading and risk positions in the secondary markets that ranged from $1.5bn to $15bn+ of CMO, CMO derivative, specified pool, TBA and related hedges while at Deutsche Bank, UBS, Royal Bank of Canada and Daiwa. Over the course of his career, he has developed an extensive network of institutional relationships spanning regional dealers, depositories, insurers and money management firms. Through this network, his trading teams collectively sourced, structured and placed over $175bn of new issue agency CMO securities. Kendrick graduated from Evangel University in 1998 with a BBA in Accounting and a Management Concentration. He is a member of CFA Society New York, New York State Society of CPAs and serves on the board of Yale Chi Alpha. 

Vivek has over 20 years of experience as a portfolio manager and strategist with a focus on MBS and rates. Over the past eleven years, he was SVP reporting to the CIO at PNC focusing on the active management of the agency MBS and agency CMBS sectors within the banks $130bn securities portfolio including oversight of regulatory reporting and stress testing for CCAR. In prior roles, he managed mortgage portfolios at JP Morgan Asset Management and Freddie Mac where his primary emphasis was on hedging the risks of the $700bn MBS portfolio. He was consistently ranked by Institutional Investor magazine as an agency MBS strategist while at JP Morgan, Bank of America, and Royal Bank of Canada. Vivek graduated with a MBA from the University of Maryland in 1999 and an engineering degree in 1994. He serves on the board of New York City Audubon.