Bloomberg recently announced that Axonic Capital has named Matt Weinstein as the firm’s new co-chief investment officer.
Previously, Weinstein has served as the head of credit and led the real estate investment committee at the $4.5 billion firm, which focuses on investing in securitized credit and commercial real estate. Now, in this new role, he will work alongside Axonic’s founder, managing partner and current CIO, Clay DeGiacinto.
According to Bloomberg, “Axonic is looking to capitalize on disruptions in credit, real estate and mortgage markets at a time of historic volatility in interest rates. The firm has about a half dozen new investment professionals starting early this year to make wagers across its property businesses.”
Weinstein became a part of Axonic in 2012, just two years after its establishment. Prior to joining the firm, the publication reports that he was involved in managing a commercial mortgage-backed securities strategy at Macquarie Capital. His experience also includes a tenure at Bear Stearns Cos. from 2003 to 2008.