ATLANTA--(BUSINESS WIRE)--Angel Oak Capital Advisors (Angel Oak) has announced the hiring of Namit Sinha as Head of Mortgage Strategies at the firm. Namit will be focused on managing non-qualified mortgage (non-QM) investments for Angel Oak strategies, as well as looking at opportunities in other areas such as prime jumbo mortgages, reperforming loan (RPL) strategies and mortgage servicing rights.
Sinha has 15 years of experience in fixed income products, including structured credit. Before joining Angel Oak, he spent about four years as a Senior Vice President at Canyon Capital, where he established the firm’s residential loan trading business and also covered its structured credit operations. Prior to that, Sinha worked at Nomura Securities as its Executive Director of Mortgage Trading, specializing in the acquisition and financing of nonperforming loans, RPLs, non-QM and prime jumbo loans. He also worked at both Lehman Brothers and Barclays as a non-agency whole loan trader.
“As we grow our expertise in all forms of mortgage credit, we expect Namit’s experience and leadership to drive future strategies that provide the best value proposition to our clients. Namit’s experience and deep understanding of mortgage credit will bolster our efforts to become the preeminent leader in the mortgage credit space,” said Angel Oak Co-CEO and CIO Sreeni Prabhu.
Since the firm’s inception, many of Angel Oak’s investment strategies have focused on the non-agency residential mortgage (RMBS) sector, primarily in both legacy and new issue RMBS and in non-qualified mortgages. Since 2015, Angel Oak has completed six securitizations totaling more than $900 million and backed by collateral from its affiliated mortgage lenders, Angel Oak Mortgage Solutions, LLC, Angel Oak Home Loans, LLC and Angel Oak Prime Bridge, LLC.
About Angel Oak Capital Advisors, LLC
Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed income investment solutions for its clients. Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed income with a specialization in mortgage-backed securities and other areas of structured and corporate credit.
As of Feb. 28, 2018, Angel Oak Capital Advisors had approximately $8.5 billion in assets under management across its mutual funds, private funds and separately managed accounts.
For more information, please visit www.angeloakcapital.com