Kevin Fitzpatrick Email & Phone Number

Greater Pittsburgh Area

Fixed Income - Taxable Money Markets• Performed extensive fundamental credit research on corporate issuers within the oil & gas, Canadian banking, Australian banking, agricultural processing, and retail sectors.• Developed detailed cash flow, liquidity, and operating earnings analyses to assess leverage and interest coverage ratios. Performed scenario analysis to ‘stress test’ issuers and ensure they met fund investment criteria under acute credit conditions.• Created an analytic framework to evaluate and present business strengths and weaknesses, industry analysis, capital structure, cash flow analysis, & liquidity analysis.• Pitched research analyses to the credit committee to convey and support investment recommendations.• Generated several successful investment ideas for Federated Investors’ prime money market funds. Successful investment purchases include Enbridge Inc., Agrium Inc., BP plc, ADM, and Bank of New Zealand.• Proficient in all aspects of the investment research process including idea vetting, legal document review, financial modeling, cash flow and liquidity modeling, and credit presentation and monitoring.

Greater Pittsburgh Area

Fixed Income - Managed Accounts• Actively monitored holdings for attractiveness, performed portfolio analytics, and traded corporate, mortgage, treasury, and agency positions for managed accounts.• Analyzed the corporate credit environment, the yield curve, and market basis shifts to generate several successful investment ideas that contributed to outperforming the benchmark by over 100 basis points on an annualized basis.• Promoted the separately managed account products and capabilities to the sales force and prospective clients which led to a 70% increase in assets under management.• Built a real-time treasury and agency relative value analysis to highlight potential swaps to realize additional yield of 4 basis points to total rate of return.• Authored customer quarter-end reports to communicate the portfolio holdings, explanation of trades, contribution to returns, quality and sector breakdown versus the indexes, and market outlook.

Greater New York City Area

Fixed Income Sales• Recommended investment ideas and sold agency, CMO, mortgage-backed, municipal, and corporate products to institutional accounts. Communicated current events and explained products to clients.• Facilitated trade execution, resolved trade delivery issues, and updated clients with daily inventory, new issue lists, and bid/offer prices for various fixed income securities.

Greater Chicago Area

Mortgage Strategy and Research Group• Originated investment ideas and bond swaps based on client preferences. Screened fixed-income universe with relative valuation measures and presented trading ideas to clients and senior brokers for evaluation.• Conducted analysis on trade ideas for senior brokers by utilizing different fixed income evaluation programs such as Derivative Solutions, Bond Swap, and BondEdge.• Analyzed and forecasted the performance of client’s investment portfolios based on different interest rate scenarios and generated trade ideas for buy/sell proposals.

Greater Boston Area

• Conducted fundamental research on the deathcare industry and developed a forecasted earnings model for Stewart Enterprises and Service Corporation, resulting in over $8 million in new bond purchases.• Performed credit risk and relative value analysis of firms issuing public and private bond offerings. Prepared and presented investment recommendations to analysts and portfolio managers.

Greater Detroit Area

• Identified and recommended potential structural improvements targeted at increasing the PT Cruiser’s safety rating. Formed the Crash Development Team and led the analysis that achieved a “4 star” rating.• Supervised, trained, and mentored five suspension analysis engineers.

Mba, Finance

Concentration in Finance

Master Of Science (M.S.), Mechanical Engineering

Bachelor Of Science (B.S.), Mechanical Engineering

Education record