On Wall Street, Andrew evaluated and recommended purchasing the bonds of a ~$14 billion oil and gas producer, generating a 30%+ return in less than one year. Overall, he has invested in 4 companies generating ROIs of 20%+ on average and has worked as a research analyst at J.P. Morgan and Moody's. He hopes to use his hedge fund experience analyzing different types of businesses and securities to help executives be more successful in their efforts.
Researched, analyzed, and recommended equity investments in public (and occasionally private) companies primarily within the healthcare sector (including biopharma) and to a lesser extent within the technology and consumer sectors.
Underwrote new equity issuance by way of initial public offerings (IPO) and follow-on offerings (FO); Provided advice to equity capital markets bankers on the proper investment narrative/thesis and valuation.
Met with and engaged numerous company management teams every week at deal and non-deal roadshow meetings and at investor and industry conferences; conversations included articulating the risk-reward implied in their share price through the market’s lens.
Provided business and transaction-related financial modeling; valuations; market/industry research; debt and equity capital-raising; mergers, acquisitions, and divestitures support; financial restructuring; and security analysis as a corporate finance and capital market professional.
Created a financial projection model and investor presentation for a startup mobile application technology company for its early-stage fundraising round.
Advised and built a financial model and a competitor pricing database for a high-end jewelry manufacturer in its expansion into the eCommerce and direct-to-consumer space.
Carried out market research on a list of niche financing strategies for a family office to support the expansion of their fixed-income investment platform.
Built a spreadsheet-based template that unpacks and models the salient quantitative figures and qualitative data points in credit agreements and indentures for the leading bond and loan covenant research provider.
Researched and analyzed global event-driven/value-with-a-catalyst securities across the capital structure through the lens of a five-part methodology that considers bottom-up fundamental analysis, revaluation catalysts, capital structure review, actors assessment, and external influences.
Spearheaded a shareholder activist campaign targeting a $450+ million (enterprise value) business development company trading at a 35% discount to net asset value (NAV), netting an approximately 30% 1-year total return for a passive stake. The effort was part of an initiative I was leading to raise assets under management (AUM) by pitching activism and takeover co-investment opportunities to investors.
Significantly contributed to portfolio returns through investment recommendations, including shorting the shares of a $30+ billion (market capitalization) grocer; realized an approximately 20%+ return.
Portfolio Management/Workouts Group Senior Analyst
2014 - 2015
Private Debt Fund/BDC
Covered $150+ million of broadly syndicated leveraged loans and middle market club deals.
Re-underwrote the first lien term loan of a private-equity backed dental practice management company (trading at around 70% of par) in support of a workout plan and communicated thoughts to steering committee. The company was sold and loans were repaid in full one year later.
Supported senior analysts in covering 40+ high-yield credits.
Published research reports for buy-side clients and advised institutional sales team and loan, bond, and CDS traders.
Pitched short recommendations to the proprietary trading desk on senior notes of an oil and gas E&P company. Thesis: insufficient liquidity and inadequate asset value in bankruptcy scenario, with bonds traded down around 70%.
Focus areas: Financial Modeling, Ratio Analysis, Comparable Company Analysis, Cash Flow Forecasting, Three Statement Operating Model, Financial Projections, Stock Trading, Debt Raises, Capital Markets
Corporate Finance Group Associate Analyst
2011 - 2013
Moody's Investors Services
Supported lead analysts in assigning and monitoring credit ratings for 25+, mostly speculative-grade, issuers with $20+ billion of public debt.
Completed analyses that underpinned long-term issuer ratings and corporate family ratings (CFR), speculative grade liquidity ratings (SGL), and loss given default (LGD) assessments.
Managed covenant database used for covenant quality (CQ) scoring and research for issuers covered.
Focus areas: Financial Modeling, Ratio Analysis, Financial Benchmarking, Credit Risk Analysis, Credit Analysis, Pro Forma Financial Statements
Bachelor's degree in Finance
2009 - 2011
Stern School of Business at New York University - New York, NY
Bachelor's degree in Business Administration
2007 - 2009
The City University of New York, Baruch College - New York, NY