LSA Manager Interview with Ty Powers Portfolio Managers with Hatteras:
TY POWERS, CFA
DIRECTOR, PORTFOLIO MANAGEMENT
Mr. Power’s primary responsibilities include manager research for the Hatteras Alternative Mutual Funds including hedge fund manager sourcing and due diligence. Prior to joining Hatteras, Mr. Powers was a senior analyst at Brightleaf Capital, a long/short equity hedge fund. His responsibilities at Brightleaf included fundamental security analysis, financial modeling, and stock selection. Mr. Powers previously worked at BB&T Capital Markets as an Equity Research Analyst covering the specialty finance sector. He also spent several years at Deutsche Bank Alex. Brown, most recently as Vice President in the firm’s High Net Worth Private Client Division. Mr. Powers received his Bachelor of Arts degree in Economics from Washington and Lee University and his Master of Business Administration degree with a concentration in Investment Management from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. Mr. Powers has also earned his designation as a Chartered Financial Analyst (CFA).
LSA has been utilizing the Hatteras Long/Short Debt fund since June of 2013. The fund was targeted as a hedge against rising interest rates. The reversal of the rates in 2014 caused a difficult third quarter for Hatteras and the purpose of this call was to address the lagging performance we have seen since July of 2014.
The private LSA manager interview is now available online for active members only. To view the LSA interview with Mike and Ty go to www.LSAportfolios.com and login. The interview is posted under “Resources/LSA Manager Interview”.