Mr. Hughes has been with Axonic since its founding (2010), previously working with Clay DeGiacinto at Tower Research Capital. Appointed COO in 2019 and CCO in 2024, he oversees Axonic’s compliance program, operational processes, counterparty due diligence, valuation, and trade allocations, along with IT development, cybersecurity, and office management.
Prior to Axonic, Mr. Hughes was Operations Manager at Tower Research Capital, Head of Operations at Dynamic Credit Partners, and held roles at Nomura and Deutsche Bank. He holds a BA in Economics from the University of Delaware.
Peter Cecchini, Head of Research at Axonic Capital, joined CNBC’s Closing Bell on June 17 to share his perspective on market conditions, Fed policy and opportunities in private credit. While recent U.S. economic data has held up, Cecchini pointed to weakening regional manufacturing surveys and a rise in continuing jobless claims as signs that […]
Investors may be underestimating a coming slowdown, Axonic’s Head of Research, Peter Cecchini, told Bloomberg Real Yield. High-yield spreads near 350 bps imply future defaults of roughly 3.5%, yet the trailing 12-month rate, once PIK restructurings are taken into account, is closer to 4.5%. In Cecchini’s view, that gap signals a market still priced […]
Pete Cecchini, principal at Axonic Capital, joined Bloomberg TV to share his views on credit market dynamics, Federal Reserve policy and fiscal challenges as we move into 2025. Reflecting on 2024, Cecchini described it as a year of “manic narratives,” with market expectations for Federal Reserve rate cuts shifting dramatically. In September, the Fed […]
Business Wire shared that Axonic Capital has named James “JJ” Jordan as a Partner. With nearly 20 years of experience, Mr. Jordan previously led the growth of Taconic Capital’s commercial real estate platform. “We see an extraordinary opportunity in the CRE market as the asset class undergoes a period of transformation,” said Clayton DeGiacinto, Axonic’s […]
Axonic Capital’s Chief Risk Officer, Lu Chang, CFA, FRM, CAIA, recently shared her expertise in risk management during a #RISK Digital US webinar, “Navigating New Norms: Reinventing Risk Management in Today’s Investment Landscape.” Drawing on her extensive experience, Lu discussed the importance of leveraging diversification, conducting in-depth market research, and remaining adaptable to navigate […]
