NEW YORK--(BUSINESS WIRE)--GoldenTree Asset Management LP, an investment firm that manages alternative and traditional asset strategies for sophisticated institutional and high net-worth investors, today announced that Emerging Markets credit specialist Said Saffari has joined the firm as a Partner and Portfolio Manager.
Prior to joining GoldenTree, Mr. Saffari was a Senior Portfolio Manager at ICE Canyon, with primary responsibility for the Financials, Industrials, Commodities, and Oil and Gas sectors.
“Said’s career-long Emerging Markets investor experience brings additional capabilities to our firm,” said Steve Tananbaum, GoldenTree’s Managing Partner and Chief Investment Officer. “He’s highly regarded in the marketplace and has a proven track record of success. With Said joining the investment team, our ability to identify relative value in emerging market credit will continue to grow. We’re confident that the entire GoldenTree franchise will benefit from his contributions.”
Prior to joining ICE Canyon in early 2007, Mr. Saffari was a portfolio advisor at Bank of America Investment Services from 2005-2006. From 1998 to 2005, he was Head of European Credit Research at Credit Suisse in London, where he was responsible for European and Emerging Markets credit research.
At Credit Suisse, Mr. Saffari earned industry recognition from Institutional Investor, Euromoney, and European Credit Magazine for his sector coverage of Emerging Markets and Industrials.
Mr. Saffari began his career at UBS Warburg where he covered Eastern European banks and corporates.
He holds a B.S. from the University of California, Berkeley, and M.A. and Ph.D. degrees from Harvard University.
About GoldenTree Asset Management
GoldenTree is one of the largest independent asset managers specializing in corporate and structured credit, with primary offices in New York and London. GoldenTree manages approximately $18 billion in assets across a variety of absolute return, long only and opportunistic strategies. GoldenTree has more than 190 employees including 45 investment professionals. The firm is 100% employee owned. For further information on GoldenTree, please visit http://www.goldentree.com.