Principal Global Investors’ high-yield, senior loan and structured credit specialist unit Post Advisory Group just bolstered its investment team with the hire of Kevin Farley.
Farley will serve as a portfolio manager for Post Advisory Group’s CLO and structured credit platform. He brings over 20 years of experience in structured credit trading for sell-side broker dealers as well as buy-side asset managers and hedge funds, including Citadel Securities, Institutional Credit Partners and Wells Fargo Securities, where he spent the past 10 years trading CLOs.
“At Post, we’re committed to providing a full suite of customized investment solutions to our clients,” said Post Advisory Group CIO Jeffrey Stroll. “Kevin has significant investing experience in the CLO asset class; the entire team is excited to bring this expertise in-house and is looking forward to working with him.”
Los Angeles-based Post manages $15.6 billion of assets on behalf of global institutional investors. The firm’s CLO and structured credit solutions include the Post CLO Equity Master Fund, which completed an oversubscribed $146 million capital raise in March.