NEW YORK (May 21, 2019) Mariner Investment Group, the global alternative asset manager and subsidiary of ORIX Corporation USA (ORIX USA), today announced that Edward G. (“EG”) Fisher III, 50, has joined the firm as co-Chief Investment Officer and head of liquid market strategies. Mariner founder Bill Michaelcheck will assume the role of co-Chief Investment Officer and continue with his responsibilities as lead portfolio manager for Mariner’s flagship multi-strategy hedge fund as will Matt Shulman in his role as deputy portfolio manager.
Fisher has more than 29 years of industry experience and 18 years of proprietary trading experience. He joins Mariner from BNY Mellon Bank where he was Managing Director overseeing Fixed Income and Equities trading for the bank since 2015. Prior to that, he was co-founder and managing partner of 5:15 Capital Management, a G7 rates arbitrage fund, overseeing AUM growth to over $1 billion during the firm’s initial 24 months of operation, where he traded a balance sheet of over $30 billion. Fisher’s breadth of experience includes trading and building proprietary models in the U.S. rates and financing markets; trading in the Japanese and European sovereign debt and derivative markets; global macro and tail risk strategies, and rules based trading strategies.
“EG brings a wealth of industry knowledge and proven track-record raising capital and trading for large institutions and at his own investment firm,” said Michaelcheck. “As Mariner continues to build its rate strategies we also continue to look for ways to capitalize on new market opportunities and to bring in senior talent of exceptional ability to complement our own capabilities. EG’s background in repo and funding, his dexterity and experience trading on a variety of platforms, and his ability to bring an efficient use of capital will all be additive to Mariner’s strong group of trading teams. We are extremely happy to welcome him to Mariner.”
“Mariner is an industry stalwart that I have known and admired for many years,” said Fisher. “Throughout its enviable history, Mariner has consistently delivered on behalf of its global client base and has demonstrated an impressive ability to attract top trading teams from across the industry who have successfully navigated the firm through a variety of market environments. It is a pleasure to join this caliber of fine people.”
Prior to founding 5:15 Capital Management in 2009, Fisher was a Partner at Brevan Howard in 2008; a Managing Director at Greenwich Capital Markets from 1996 to 2008; and a Vice President at Blackrock Financial Management from 1990 to 1996. Fisher received a BA in economics from Dartmouth.