Credaris announces appointment of Beth Fusco and John McGoff

11 September 2007

Credaris, the credit-specialist asset manager, has announced the appointment of Beth Fusco as High Yield Credit Analyst. Beth’s position focuses on fundamental research and relative value decisions in the high yield corporate and structured credit space. “Beth’s extensive know-how and experience will greatly complement the company’s existing credit research work,” said Bob Buhr, Head of Credit Research. Beth will join Judith Newman in covering the global high yield universe.

Beth joins Credaris from Merrill Lynch, where she spent ten years as a Senior Credit Analyst, specialising in high yield industrials. Previously, she has enjoyed a variety of analytical roles in her career, including as a credit analyst at Moody's Investors Service covering a number of industrial sectors, and as an equity analyst at Salomon Brothers covering the US railroad and trucking sectors.

Bob Buhr added, “We are delighted that Beth has joined Credaris. We believe that in these periods of heightened volatility, superior fundamental credit research becomes even more important in identifying interesting credit risk and along with our traders finding the best way to exploit these opportunities.”

Credaris has also recruited John McGoff as a Structured Credit Trader. John will focus on standardised and bespoke collateralised debt obligation trading. His expertise will be invaluable in supporting the growing product portfolio that Credaris offers investors in the synthetic credit space. Previously, John traded the global correlation book at Commerzbank Securities in London and he joins the five person structured credit team led by Gennaro Pucci at Credaris.

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