NEW YORK--(BUSINESS WIRE)--
Annaly Capital Management, Inc. (NYSE:NLY)
(Annaly) today announced additions to its Agency investment team and
corporate infrastructure. “We’re fortunate that we have been able to
attract additional talent to help us grow and strengthen our Agency
investment team and provide us additional strategic corporate finance
talent,” commented Wellington Denahan, Annaly’s Chief Executive Officer.
Kevin Keyes, Annaly’s President, said, “These enhancements to our team
support the Company’s overall initiative of expanding prospects for
future growth. They enable us to continue diversifying our business and
sharpen our ability to deliver attractive, stable returns to our
shareholders.”
Agency Investments Team
David Finkelstein, Annaly’s Head of Agency Portfolio, said, “The
addition of Ilker Ertas significantly strengthens our management team,
as he possesses tremendous experience and invaluable insight in our core
Agency strategy. Michael Fania and Roman Shimonov’s expertise broadens
our knowledge of the overall mortgage market.”
Ilker Ertas will be joining Annaly as a Managing Director in its Agency
portfolio team. Mr. Ertas will be joining Annaly from Citigroup Global
Markets, Inc., where he was most recently Managing Director, Securitized
Products and Head of Mortgage Derivatives Trading. Mr. Ertas has over 15
years experience as an Agency MBS trader focusing on MBS structured
products, including positions with Citigroup, Barclays Capital, and
Lehman Brothers. Mr. Ertas has a B.S. from Bogazici University in
Istanbul, Turkey and a M.B.A. from the Yale School of Management.
Michael Fania will be joining Annaly as a Vice President in its Agency
portfolio team. Mr. Fania joins Annaly from MetLife Investments where he
was most recently an Associate Director and responsible for trading and
portfolio strategy for a Non-Agency RMBS portfolio. Mr. Fania has a B.A.
from Rutgers College and is a CFA charter holder.
Roman Shimonov has joined Annaly as a Vice President in its Agency
portfolio team. Mr. Shimonov joined Annaly from the Federal Reserve Bank
of New York where he was an Officer and led the team responsible for
analysis of the residential mortgage market in support of the Fed’s MBS
purchase program. He previously was involved with the day-to-day
management and disposition of legacy mortgage securitized products
within the multi-billion dollar Maiden Lane portfolios at the New York
Fed. Mr. Shimonov previously worked at Goldman Sachs in various roles
relating to securitized mortgage credit. Mr. Shimonov holds a B.S. from
New York University and is a CFA charter holder.
Corporate Finance Executive
Steven Campbell has joined Annaly as a Managing Director, Head of Annaly
Credit Strategy. Mr. Campbell joined Annaly from Fortress Investment
Group LLC where he was a Managing Director in the Strategic Capital
Group. Prior to Fortress, Steve held positions at D.B. Zwirn, GE Capital
and Dean Witter Reynolds. Steve has a B.B.A. from the University of
Notre Dame and a M.B.A. from the Graduate School of Business at the
University of Chicago.
Other Information
Annaly’s principal business objective is to generate net income for
distribution to its shareholders from its investments. Annaly is a
Maryland corporation that has elected to be taxed as a real estate
investment trust (REIT). Annaly is managed and advised by Annaly
Management Company LLC. Each of the individuals named in this release
will be employed by Annaly Management Company LLC and provide services
to Annaly pursuant to the management agreement between Annaly and Annaly
Management Company LLC.
Annaly Capital Management, Inc.
Investor Relations, 888-8Annaly
www.annaly.com
Source: Annaly Capital Management, Inc.