Lorena Reich Email & Phone Number

Provincia De Buenos Aires, Argentina

* Responsible for the research coverage and publication of fundamental analysis and trade recommendations on a portfolio of c.100+ high yield Latin American corporate bonds. Current areas of expertise: consumer discretionary (retail, food, consumer products, travel & leisure); energy & utilities (oil, gas, power & utilities).* In depth analysis of financial statements* Publication of Strategy and Research pieces, including FV opinion on new bond issues* Liaison with issuers’ senior management to foster robust bottom-up views that drive high-conviction trade ideas* Co-manage Lucror’s LatAm model portfolio, with consistent outperformance vs benchmark since inception* Regular interaction with institutional investor client base in the United States and Europe, as well as specialized press

Provincia De Buenos Aires, Argentina

Professor of Corporate Debt Markets at Master of Finance - Universidad Torcuato Di Tella.

Provincia De Buenos Aires, Argentina

Professor of Capital markets at undergraduate School of Business Economics - Universidad Torcuato Di Tella

Provincia De Buenos Aires, Argentina

• Responsible for the firm´s corporate fixed income research department.• Emerging Market corporate bonds analyst. • Generation of investment ideas, based on fundamental analysis and relative trades. Responsible for writing research reports for publication. In depth analysis of financial statements.• Regular interaction with sales and trading and outside clients, including private and institutional investors.

Nueva York, Estados Unidos

• Conducted company fundamental analysis and industry research. Synthesized and assessed industry and economic data. Performed relative value analysis, bond valuation and liquidation analysis. Europe corporate bonds.• Wrote and published investment recommendations, and notes on relevant investment themes and events in Latin America.• Initiated coverage of seven Mexican companies, and covered over 15 companies in various industries ( materials, consumer taples, healthcare, information technology, communication, services utilities, real state) in Latin America (with a focus in Mexico and Brazil).• Created and maintained financial models, projections, estimates and bond pricing databases for companies under coverage, closely follower company's earnings.• Regularly provided investment opinion and responded to queries from institutional and retail investors, and internal sales force. Interacted with management of companies under coverage.• Worked closely with research analysts, economists, strategists and traders in Argentina, Mexico, Brazil and NY.

Nueva York, Estados Unidos

• Prepared rating recommendations and monitored portfolio of 38 healthcare, services and packaging companies.• Wrote and published in-depth company analysis and quarterly reports, including credit opinions and industry updates.• Sourced and analyzed quantitative and qualitative information. Built and maintained detailed financial models and earnings forecasts for companies under coverage.

Nueva York, Estados Unidos

• Initiated coverage on Latin American companies. Written reports included valuation models (DCF, multiples), company description, rating and investment recommendation. Analyzed and recommended the feasibility to include two IPOs in the portfolio of $3B of AUM.• Three-week rotation in the London office to analyze current and past multiples and macroeconomic indicators for GEMs. Wrote extensive report with findings to source investment allocation decisions.

Nueva York, Estados Unidos

Associate Analyst – Mutual Fund Group 2002 – 2003• Rated and published rating reports for 68 mutual funds, including money market, closed-end, equity, fixed-income and mixed funds. Reviewed funds quarterly and published updated commentary.• Member of the start-up team for entry in Bolivian and Uruguayan markets. Rated first transaction and later co-directed all mutual fund ratings in Bolivia for Moody’s, achieving a 70% market share.Analyst – Structured Finance Group 2000 – 2002• Rated and wrote research reports for over 100 structured finance deals including ABS auto and credit card receivables, RMBS and CMBS and collateralized debt obligations. Investors used reports to evaluate risk in transactions before adding these investments in their portfolios. Regularly consulted by regulators and pension funds to assess suitability of rated investments.• Co-authored Manual of Procedures along with full description of rating methodology to present to regulators in Argentina and Bolivia.

Mba -Master Of Business Administration, Finance And Economics, New York University

Business Economics, Business Administration, Top 10% Of The Class

Chartered Accountant, Economics