Key Takeaways
- • Harraden Circle Investments has appointed David Walch, a former King Street Capital Management partner and co-portfolio manager, as portfolio manager ahead of launching a new opportunistic strategy spanning public and private markets.
- • Walch will co-develop and co-manage the strategy with founder and CIO Fritz Fortmiller, targeting corporate credit, structured credit, real estate and real assets, including privately negotiated transactions.
- • The strategy will complement Harraden's existing event-driven investment platform.
- • Walch spent 14 years at King Street, most recently as partner and co-portfolio manager, and previously was a managing director at Perry Capital and worked in Morgan Stanley's real estate group.
Summary
Harraden Circle Investments has appointed David Walch as portfolio manager as it prepares to launch a new opportunistic strategy that will span public and private markets, according to the firm's announcement. Walch will work alongside Harraden founder and chief investment officer Fritz Fortmiller to develop and co-manage the strategy.
The strategy will target opportunities across corporate credit, structured credit, real estate and real assets, including privately negotiated transactions. It will complement the firm's existing event-driven investment platform.
Walch joins from King Street Capital Management, where he spent 14 years and most recently served as partner and co-portfolio manager with senior responsibilities across the firm's investment activities. He also sat on King Street's Management, Global Investment, Real Estate Investment and Risk Committees. Before King Street, he was a managing director at Perry Capital and previously worked in Morgan Stanley's real estate group. He brings nearly three decades of investment experience across credit and real assets.
Fortmiller said Walch's appointment would broaden Harraden's investment capabilities by combining the firm's research-driven approach with Walch's experience in complex credit and privately negotiated investments.
The strategy will target opportunities across corporate credit, structured credit, real estate and real assets, including privately negotiated transactions. It will complement the firm's existing event-driven investment platform.
Walch joins from King Street Capital Management, where he spent 14 years and most recently served as partner and co-portfolio manager with senior responsibilities across the firm's investment activities. He also sat on King Street's Management, Global Investment, Real Estate Investment and Risk Committees. Before King Street, he was a managing director at Perry Capital and previously worked in Morgan Stanley's real estate group. He brings nearly three decades of investment experience across credit and real assets.
Fortmiller said Walch's appointment would broaden Harraden's investment capabilities by combining the firm's research-driven approach with Walch's experience in complex credit and privately negotiated investments.
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