Team

Navid Abghari
Senior Portfolio Manager

Mr. Abghari is a Senior Portfolio Manager at Angel Oak Capital Advisors and a Portfolio Manager of the Multi-Strategy Income, Flexible Income and High Yield Opportunities Funds. He has over 12 years of experience in fixed income markets focusing on corporate credit trading, risk management, credit derivatives and structured products.

Prior to joining Angel Oak in 2015, Mr. Abghari was an Executive Director at J.P. Morgan Securities in New York where he was head of Americas synthetic collateralized debt obligation (CDO) trading. He oversaw the modeling and risk systems for the global tranche business, directed the U.S. hedging activities of the global tranche book, was market maker for synthetic CDOs and master asset vehicle notes (Canadian asset backed commercial paper), and ran the U.S. index basis book. In his time at J.P. Morgan, Mr. Abghari was responsible for the some of the most complex credit transactions which included large credit portfolio buyouts, regulatory capital trades, counterparty risk hedging trades, levered tranches, options on tranches, hybrid cash and synthetic CDOs, derivative product company equity, synthetic portfolio insurance, constant proportion debt obligations, CDO-squared, forward starting tranches, fixed recovery tranches, knock-ins/knock-outs and several other complex transactions.

Mr. Abghari holds a B.B.A. in Finance and Economics from the University of Georgia, graduating summa cum laude with Highest Honors.

 

Tranche: One of a number of related securities offered as part of the same transaction.