High-yield, distressed debt veteran Jack Kneller moves to buyside

By Angela McDaniels

Tacoma, Wash., Sept. 29 - Jack Kneller, who has been involved in high-yield and distressed trading for more than 25 years, has resigned from Mischler Financial and started an investment management company, Pacific Financial Asset Management.

Previous sellside firms Kneller has traded for include Lehman Brothers and Barclays Capital as well as some privately owned regional dealers.

Kneller said he will be investing in all asset classes in the fixed-income universe, but he will be focusing on high-yield and distressed debt.

His new office will be located in Westlake Village, Calif. He said he can be reached at mrbonds1@aol.com until he is up on Bloomberg.

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