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Kapstream Capital hires managing director


By Christine St Anne
Thursday 15 July 2010

Kapstream Capital has hired Stephen Goldman as managing director and portfolio manager.

Goldman previously worked in New York with Goldman Sachs Asset Management as a managing director.

He worked for the company for four years, overseeing $35 billion in global fixed income portfolios.

Goldman has also worked for the large global bond manager PIMCO as a European and sterling product manager.

Fellow Kapstream Capital managing directors, Kumar Palghat and Nick Maroutsos, were also former employees of PIMCO.

"Stephen will play an integral role across the full spectrum of Kapstream's businesses," Maroutsos said.

"As our business continues to grow and evolve, we are focused on adding quality resources to ensure the highest standard of excellence is applied to every aspect of our operation."

Goldman will begin working at Kapstream Capital in September.

Kapstream Capital has over $1 billion in assets under management.

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