NEW YORK, June 27, 2016 /PRNewswire/ -- Amherst Capital
Management LLC, a BNY Mellon investment boutique specializing in
real estate, today announced a significant milestone in its
analytic capabilities with the formation of its new Research and
Analytics team based in the firm's New
York office. Joining the firm are three sell-side research
analysts with years of experience who will help bring even greater
insights and opportunities to Amherst Capital's investors.
Sandeep Bordia, who most recently
served as Head of Securitized Products Research for Barclays
Capital, will lead the team as Head of Research and Analytics and
drive Amherst Capital's thematic research, idea generation while
also supporting investment and hedging strategies. In this role,
Bordia will work closely with Laurie
Goodman, Non-Executive Director of Research and Analytics,
to leverage the full extent of Amherst Capital's intellectual
property1 to enhance the investment capabilities of the
firm.
"The creation of our new Research and Analytics team represents
a momentous occasion for Amherst Capital," said Goodman. "Since
inception, data analysis has been at the core of Amherst Capital's
real estate expertise and the new team both reinforces and
strengthens the firm's dedication to providing clients not only
with a cutting-edge technology platform, but also with seasoned
talent and innovation."
Bordia brings with him two former colleagues from Barclays,
Jasraj Vaidya and Aaron Haan, who will support these initiatives
and the investment teams as research analysts. In this capacity,
Vaidya and Haan will leverage Amherst Capital's proprietary data
and analytics1 to conduct in-depth quantitative and
qualitative analyses of the real estate markets, support investment
ideas and write thematic whitepapers.
"We are thrilled to have Sandeep, Jasraj and Aaron join Amherst
Capital and add their considerable insights to our mortgage backed
securities, commercial real estate lending and single family equity
investment teams," said Sean Dobson,
Chief Executive Officer and Chief Investment Officer of Amherst
Capital. "Amherst Capital's continued investment in research and
technology enables us to identify differentiated, value-add
investment opportunities for our investors and these appointments
are indicative of our commitment to maintaining our information
advantage and cutting-edge technology platform."
During his eight-year tenure at Barclays Capital, Bordia
developed and led research analytics, servicing clients in
New York and London. In 2009, he and his team were ranked
top-three in asset-backed securities and prepayments categories by
Institutional Investor in its annual All-America Fixed
Income Research Survey.2 Prior to Barclays Bordia worked
in mortgage research at Lehman Brothers where he was focused on
servicing and origination.
Vaidya has more than 10 years of experience in the real estate
investment space. He most recently served as the Head of US CMBS
& Residential Credit Strategy at Barclays, where he led a team
of five analysts on U.S. Commercial Mortgage Backed Securities,
Asset Backed Securities and Residential Credit Strategy. Haan, who
also joins from Barclays, has more than seven years of industry
experience. Most recently, he served as Vice President within the
commercial mortgage research group, specializing in private label
and agency commercial mortgage backed securities.
"I am excited to be a part of the Amherst Capital team and to
have the ability to translate research into tangible investment
results for clients by leveraging one of the real estate industry's
most sophisticated analytics platform," added Bordia.
Notes to Editors:
Amherst Capital Management is a majority owned subsidiary of The
Bank of New York Mellon Corporation.
About Amherst Capital Management
Amherst Capital
Management LLC is a real estate investment specialist with
approximately $7.3 billion[3] of assets under
management. Amherst Capital was established in 2014 as a
majority-owned subsidiary of BNY Mellon, and is minority-owned
by Amherst Holdings, LLC a financial services holding company with
more than 10 year history of utilizing its mortgage expertise to
assist clients in navigating the real estate capital markets.
Amherst Holdings is not an affiliate of BNY Mellon. Texas Treasury
Safekeeping Trust Company is a founding seed investor of Amherst
Capital. [4] Amherst Capital offers traditional and
alternative real estate investment strategies to private and
institutional investors globally. Amherst Capital's investment
strategies are grounded in deep intellectual capital and
proprietary technology designed to help clients meet their
portfolio needs. For more information please
visit www.amherstcapital.com
BNY Mellon is a global investments company
dedicated to helping its clients manage and service their financial
assets throughout the investment lifecycle. Whether providing
financial services for institutions, corporations or individual
investors, BNY Mellon delivers informed investment management and
investment services in 35 countries and more than 100 markets. As
of March 31, 2016, BNY Mellon had
$29.1 trillion in assets under
custody and/or administration, and $1.6
trillion in assets under management. BNY Mellon can act as a
single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. BNY Mellon
is the corporate brand of The Bank of New York Mellon Corporation
(NYSE: BK). Additional information is available on
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the latest company
news.
All information source BNY Mellon as of March 31, 2016. This press release is qualified
for issuance in the US only and is for information purposes only.
It does not constitute an offer or solicitation of securities or
investment services or an endorsement thereof in any jurisdiction
or in any circumstance in which such offer or solicitation is
unlawful or not authorized. This press release is issued by BNY
Mellon Investment Management to members of the financial press and
media and the information contained herein should not be construed
as investment advice. Past performance is not a guide to
future performance.
(1) Amherst Capital has an exclusive license with Amherst
InsightLabs ("AIL") in the asset management industry. AIL is an
affiliate of Amherst Holdings, LLC. (2) Source: Institutional
Investor – September 2009. The total number of analysts
surveyed for the rankings is not known. The rankings may not
be representative of any client's experience and are not indicative
of Amherst Capital's future performance. (3) As of
March 31, 2016, Amherst Capital
provides investment advisory services with respect to $7.3 billion assets under management.. This
amount includes $6.2 billion assets
pertaining to certain discretionary multi -sector fixed income
clients of our affiliate Standish,
for which certain Amherst Capital employees provide advice acting
as dual officers of Standish. In
addition, discretionary portfolios with approximately $455m are managed by certain of our employees in
their capacity as dual officers of The Dreyfus Corporation.
AUM includes gross assets managed in the single family equity
strategy, which includes $248 million
of leverage. (4) Seed Investor. It is not known whether the seed
investor approves or disapproves of the adviser or the advisory
services provided.
Media Contact:
Jessica Rutledge
+1 212-303-1595
jrutledge@amherstcapital.com
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SOURCE BNY Mellon