State Street Global Advisors hire Megar, Gaylord for fixed income group

By Laura Lutz

Des Moines, May 16 - State Street Global Advisors hired Jeffrey Megar as leveraged loan manager and T.J. Gaylord as senior high-yield analyst in its global fixed income group, according to a company news release.

Megar will help develop leveraged loan investment vehicles including collateralized loan obligations.

Before joining State Street, Megar was senior portfolio manager at Fortis Investment Management Co., Inc. He previously worked at CypressTree Investment Management Co. and Harborview Capital Management Co., Inc. He received a master of business administration degree from Northeastern University and a B.A. from Framingham State College.

Gaylord will focus on gaming, environmental, metals and minerals, and aerospace and defense companies.

He joins State Street from Columbia Management, Inc., where he was vice president and senior high-yield analyst. Earlier, he was at CGU Insurance Co. Gaylord has a master of finance degree from Northeastern University and a B.S. in business administration, magna cum laude, from the University of Hartford.

The company said in the release that these hires reflect "an emphasis on broadening active credit management capabilities" in the global fixed income group.

Boston-based State Street Global Advisors is the investment management arm of State Street Corp.

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