As CIO, Andy oversees the fixed income and equity portfolio management team and is responsible for overall strategy formulation for the firm’s portfolios. Additionally, he is responsible for all asset allocation decisions and fundamental research for the firm’s mutual funds and separately managed accounts. Andy also oversees the portfolio management team’s economic analysis, cash flow modeling, and returns forecasts. Andy is a member of CCM’s Strategic Management Committee, Investment, Trading & Valuation Committee, Impact and CRA Committee, and DEI Committee.
Andy began his career at BlackRock Financial Management in New York City where he spent the majority of his ten years as a fixed income portfolio manager. He joined the portfolio risk and quantitative analysis group as an alternative investment portfolio analyst focusing on the firm’s hedge funds, commercial mortgage REIT, private equity, and CDO businesses. He quickly advanced to BlackRock’s portfolio management group responsible for managing $200 billion in multi-sector relative value separate account portfolios. He also headed the $6 billion fundamental fixed income Canadian dollar separate account business and was a member of BlackRock’s investment strategy group. Andy left BlackRock to relocate to sunny south Florida where he was recruited to join Mercantil Commercebank as a portfolio manager responsible for managing the bank’s $2.25 billion mortgage-backed securities portfolio consisting of pass-throughs, CMOs, hybrid arms, and HECMs. While there, he built the bank’s $450 million non-agency CMBS investment platform inclusive of research, analytics, and security selection. Andy currently serves on the Pennsylvania State University Sustainability board and the Entrepreneur Backed Assets (EBA) Fund board. Andy received his B.S. in Finance, with distinction, from Pennsylvania State University.