Team
Brian Brennan
Partner
Portfolio Manager
Mr. Brennan has 25 years of experience in trading, origination and sales at Merrill Lynch, Deutsche Bank and Citicorp and was a founding partner of RMBS Management LLC, a hedge fund which invests in distressed structured-product securities. Most recently Mr. Brennan co-managed mortgage investments for Camulos Capital. Prior to joining Camulos, Mr. Brennan managed the prime residential loan business for Merrill Lynch. This included bulk loan trading, managing pipeline risk for Merrill Lynch Credit Corporation (Merrill Lynch’s retail mortgage originator) and managing Merrill Lynch’s $12B mortgage loan portfolio. Mr. Brennan currently serves on the Board of Directors of Morgan Stanley Trust FSB. Mr. Brennan holds a BA from the University of Connecticut.
Timothy Carr
Partner
CEO
Mr. Carr has 18 years of structured product experience as a Portfolio Manager, Trader, and Structurer and was a founding partner of RMBS Management LLC, a hedge fund which invests in distressed structured-product securities. Most recently Mr. Carr co-managed mortgage investments for Camulos Capital. Previously, Mr. Carr was a portfolio manager at Merrill Lynch where his responsibilities included co-managing Merrill’s below investment grade residential portfolio. He was also a principal in Merrill’s CDO platform, 250 Capital LLC ($11B AUM), as well as a portfolio manager in ML Bank USA where he managed various ABS, RMBS, and CDO portfolios. Prior to Merrill Lynch he worked in structured finance at Deutsche Bank, Bear Stearns and KPMG as a structurer. Mr. Carr holds a BS in Chemical Engineering from Washington and Lee University and a MS in Chemical Engineering from Columbia University.
Daniel Garcia
Partner
Portfolio Manager
Mr. Garcia has 20 years of experience in the financial services industry and was a founding partner of RMBS Management LLC, a hedge fund which invests in distressed structured-product securities. Prior to RMBS Management, Mr. Garcia co-managed mortgage investments for Camulos Capital, LP. Prior to Camulos Capital, Mr. Garcia was a Director at Merrill Lynch Bank USA and Merrill Lynch Bank and Trust (FSB) where he managed over $15 billion of the Banks’ ABS, MBS and CMBS investments; further, Mr. Garcia developed and co-managed a $200 million proprietary trading portfolio of leveraged, non-investment grade assets on behalf of Merrill Lynch and managed over $11 billion of consumer- and commercial-credit assets for third-parties. Prior to Merrill Lynch, Mr. Garcia held positions at Deutsche Bank AG and Lehman Brothers. Mr. Garcia holds a BA from the Boston University.