Waterfall Asset Management has promoted Patrick Lo and Brian Rebello to co-chief investment officers. Waterfall is a global alternative investment manager focused on specialty finance opportunities within asset-backed credit, whole loans, real assets, and private equity.
LIntelo and Rebello are both partners of the firm.
Lo has over 17 years of industry experience. Prior to joining Waterfall in 2006, he worked as an analyst at Citigroup Global Markets, focusing on origination, structuring, and financing of various asset classes of ABS. Lo received a BS in Finance from the Massachusetts Institute of Technology.
Rebello has over 22 years of industry experience. Prior to joining Waterfall in 2010, he was a portfolio manager at Aberdeen Asset Management. Prior to Aberdeen, he was a Vice President and Senior Credit Analyst at Deutsche Asset Management. Rebello received an MBA from Miami University and a BS in Chemical Engineering from the National Institute of Technology in India. Rebello is also a CFA designation holder.
Tom Buttacavoli has stepped down from the CIO role and is in discussions with the firm about potential future opportunities.