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Gracie Asset Management Promotes Kyle Fitzgerald to Portfolio Manager
January 26, 2021 GMT
NEW YORK (BUSINESS WIRE) Jan 26, 2021
Gracie Asset Management (“Gracie”), a long/short credit manager founded in 2004, today announced that Kyle Fitzgerald has been promoted to the role of Portfolio Manager for Gracie’s credit funds, effective January 15, 2020. With this appointment, Mr. Fitzgerald will help oversee the fund’s investment activities with emphasis on the energy, basic material, and industrial sectors. Mr. Fitzgerald will report to Chief Investment Officer James Palmisciano and will join the firm’s Investment Committee.
Gracie Asset Management appoints new Portfolio Manager
Submitted
27/01/2021 - 9:28am
Gracie Asset Management (Gracie), a long/short credit manager founded in 2004, has promoted Kyle Fitzgerald to the role of Portfolio Manager for the firm s credit funds, effective 15 January, 2020.
Fitzgerald will help oversee the fund’s investment activities with emphasis on the energy, basic material, and industrial sectors and will report to Chief Investment Officer James Palmisciano. He will also join the firm’s Investment Committee.
Fitzgerald joined Gracie in 2008 as an analyst and holds a master’s degree in accounting with honours from the McCombs Business School at the University of Texas. He previously served as an analyst on the mortgage-backed securities derivatives trading desk of Credit Suisse Group in New York. Over his 13-year career at Gracie, Fitzgerald has been deeply involved in investment operations, portfolio management decisions and investor activities related to a
RICHMOND â The Town Council has appointed developer William McIntosh IV to the Planning Board, despite a cautionary memo from Town Solicitor Karen Ellsworth warning that McIntosh, who is currently appealing a Planning Board denial of his proposed project to the Rhode Island State Housing Appeals Board (SHAB), could encounter ethics or conflict of interest issues.
The vote at Tuesdayâs meeting to appoint McIntosh was 3-2, with council President Nell Carpenter, Vice President James Palmisciano and member Lauren Cacciola in favor and Richard Nassaney and Ronald Newman opposed.
McIntosh, who currently serves on the the townâs Economic Development Commission, touted his background as a builder and developer, telling the council that the Planning Board needed a member who understood developers.