David Brecht, Cfa Email & Phone Number

Greater Boston Area

Primary analyst covering high yield issuers in the health care sector, including facilities, pharmaceuticals and insurance companies. This sector represents approximately over 10% of Amundi US’s leveraged credit investments. Coverage primarily consists of high yield bonds, convertible bonds, and leveraged loans. Additional coverage includes IG and EM corporates and SMID leveraged equities. Experienced in hard asset, real estate, and distressed valuation.As deputy director of US credit research, develop and mentor internal talent and help recruit externally. Also, lead the bottoms-up (analyst-driven) sector positioning framework across all US high yield funds.Healthcare security selection contribution to excess returns for primary US high yield fund-- 2019: +118 bps; 2020: +23 bps; 2021: +0 bps; 2022: +16 bps; 2023: +11 bps; YTD 2024 through April: +28 bps. Previous coverage also included diversified media, broadcasters and food & beverage, with long-term excess performance in each.

Greater Boston Area

Covered high yield bond issuers in the consumer, media and health care sectors for Columbia's high yield investment strategies ($4 billion total high yield AUM). Maintained relationships with sell-side analysts and bond issuers. Actively invested in structured products-- pharma royalty streams and tobacco settlement bonds.

Greater Boston Area

Working with a senior analyst, covered 30+ high yield issuers in the retail and consumer products sectors. Published comprehensive research reports and morning meeting notes to summarize investment theses and buy/hold/sell recommendations, and supported Fleet’s proprietary trading through timely calls on situational credits.

Greater Boston Area

Managed a portfolio of relationships and credit exposures ($900 million aggregate) in the industrials space (solid waste, equipment rental, environmental engineering, utilities, energy). Analyzed financials, built projection models, and assessed the debt capacity of current and prospective borrowers. For Fleet-syndicated facilities, conducted due diligence (including site visits) and negotiated loan documentation.At predecessor BankBoston, analyzed owned and perspective credits for the national restaurant, retail and apparel portfolios.

Tallinn, Harjumaa, Estonia

Taught English at Eesti Merehariduskeskus (Estonian Maritime Academy).

91A/ Combat Medic

Master Of Arts In Law & Diplomacy

Ba

Study Abroad