Investment Team
Diverse, collaborative and trained in credit analysis, our team of investment professionals has on average over 20 years of fixed income investment experience and is highly incentivized through equity ownership. All strategies are managed on a team basis.
Eduardo Cortes
Chief Executive Officer & Chief Investment Officer
Eduardo Cortes is the Chief Executive Officer and Chief Investment Officer of GIA Partners, LLC (“GIA”) and has day-to-day responsibility for portfolio construction, asset allocation, security selection, and risk management. Prior to the establishment of GIA, Mr. Cortes was the Chief Investment Officer of Global Investment Advisors, a division of Reich & Tang Asset Management, LLC, for over ten years. From 1985 to 1998, Mr. Cortes worked at JPM and JPMIM where he was a portfolio manager in the fixed income group at JPMIM where he was responsible for dollar and non-dollar fixed income portfolios. During that time, he created and led the Emerging Market Debt portfolio team whose funds grew to more than $4 billion in assets. He was also a member of the Cross-Sector Strategy Team and the Emerging Market Equity/Debt Allocation Team. Prior to joining JPMIM, Mr. Cortes worked on debt restructuring for Latin American sovereigns at Citibank. Mr. Cortes received a BA from Stanford University in 1979 and an MBA from the University of California at Los Angeles (UCLA) in 1983. Mr. Cortes is fluent in Spanish.
Years of Experience: 46
Responsibility: Chief Investment Officer
Industries: Economic Analysis, Strategy, Utilities
Sectors: Mortgages, Treasuries, Agencies, Emerging Markets
David T. Ellis, CFA
Managing Director and Portfolio Manager
David T. Ellis, CFA, Managing Director, is a Senior Portfolio Manager at GIA Partners, LLC (“GIA”) and is the high yield sector specialist responsible for covering the telecommunications, cable/media and healthcare industries. From 2001 through 2012, he also managed two CDOs for GIA. Prior to joining Global Investment Advisors in November 1999, Mr. Ellis was a credit analyst and later managed $2 billion in high yield assets at JPMIM. Before JPMIM, Mr. Ellis was a corporate banker in Morgan Guaranty Trust Company of New York’s (“MGT”) credit group. He also held various posts in MGT’s international division covering African, Benelux, and UK companies. Mr. Ellis graduated cum laude with a BA from Amherst College and is a Chartered Financial Analyst. Mr. Ellis speaks French.
Years of Experience: 41
Responsibility: Credit Research
Industries: Cable, Media, Telecom, Healthcare
Sectors: High Yield, Investment Grade
Hamburg S. Tang, Jr.
Managing Director and Portfolio Manager
Hamburg S. Tang, Jr., Managing Director, is a Senior Portfolio Manager at GIA Partners, LLC (“GIA”). Mr. Tang focuses on emerging market strategy, performs credit analysis and generates investment ideas for U. S. and non-U.S. companies. Prior to joining Global Investment Advisors in November 1999, Mr. Tang was the Senior Emerging Markets Credit Analyst at JPMIM. Before joining JPMIM in 1997, Mr. Tang worked for J.P. Morgan Securities Asia, Ltd. in Hong Kong where he was responsible for debt origination for Asian based issuers. Mr. Tang received a BA in East Asian Studies from Harvard University, and he received both an MA in International Management and an MBA from the University of Pennsylvania. Mr. Tang speaks Mandarin.
Years of Experience: 35
Responsibility: Credit Research
Industries: Consumer Products, Aerospace, Cap Goods, Autos, Transportation
Sectors: High Yield, Emerging Markets, Int'l Investment Grade
Albert K. Tseng
Deputy Chief Investment Officer
Albert K. Tseng, Managing Director, is the Deputy Chief Investment Officer of GIA Partners, LLC (“GIA”). Mr. Tseng’s responsibilities include credit analysis, generating investment ideas, and portfolio analysis. Prior to joining Global Investment Advisors in December 2005, Mr. Tseng worked at GlobeVest LLC, a start-up fund of funds focusing on emerging market private equity investments. He was responsible for identifying potential countries and sectors that would yield attractive returns. Previously, Mr. Tseng was an associate at Citigroup Global Markets Asia, Ltd. in Hong Kong and at GE Capital in Stamford, Connecticut. He graduated magna cum laude with a BS in Finance and Information Systems from New York University in 1996 and received an MBA from the University of Chicago in 2002. Mr. Tseng is fluent in Mandarin.
Years of Experience: 25
Responsibility: Credit Research, Portfolio Risk Analysis
Industries: Banks, Technology, Other Finance, Insurance, REITS, Lodging, Quantitative Analysis
Sectors: Mortgages, Treasuries, Investment Grade
Miguel Escobar
Director and Portfolio Manager
Miguel Escobar, Director, is a Portfolio Manager at GIA Partners, LLC (“GIA”). Mr. Escobar’s responsibilities include credit analysis, performing industry reviews and generating new investment ideas. He focuses on companies in the basic industry, commodities, chemicals, and energy E&P industries globally. Mr. Escobar joined GIA in June 2015. He graduated summa cum laude from Fairleigh Dickinson with a BS in Business Administration in 2015 and received his MBA in 2017. Mr. Escobar is fluent in Spanish.
Years of Experience: 10
Responsibility: Credit Research
Industries: Basic Industry, Commodities, Chemicals, Energy, Home Builders
Sectors: Emerging Markets, Investment Grade