Piton specializes in designing and managing tailored fixed income separately managed accounts for institutions, RIAs, and high net-worth individuals. We leverage our extensive experience and market access for the benefit of our clients.
Our team has an extensive history of managing fixed income assets and vehicles through decades of varying interest rate environments. We aim to provide dedicated service to our clients and to deliver them the access and performance they deserve.
Our strategies and services span accross the largest taxable and tax-exempt sectors of the fixed income market; US Tresuries & Agencies, Government backed MBS, Corporate and Municipal bonds.
Fixed Income Asset Management
Piton offers customized fixed income asset management. We work with each individual client to understand their specific investment objectives, liquidity preferences and risk parameters to tailor a portfolio to meet their goals. We carefully review tax objectives, asset class specifications, maturity and duration profiles and credit exposure of each mandate to achieve targets for our client.
|Primary Investment Objective||Piton Fixed Income Strategy|
|Preservation of Principle & Liquidity||Piton Tactical Government Cash Strategy|
|Piton Tactical Ultra-Short Duration Strategy|
|Piton Tax-Exempt Tactical Ultra-Short Duration Strategy|
|Conservative Total Return & Broad Fixed Income Exposure||Piton Taxable Short Duration Strategy|
|Piton Taxable Intermediate Duration Strategy|
|Piton Taxable Core Strategy|
|Tax-Exempt Exposure||Piton Tax-Exempt Short-Term Strategy|
|Piton Tax-Exempt Intermediate Strategy|
|Piton Tax-Exempt Core Strategy|
|Yield Focus||Piton Taxable Managed Yield Strategy|
|Asset Class Specification||Piton GNMA Short-Intermediate Strategy|
|Piton Structured Note Income Strategy|
Mr. Fortescue is a founding partner of Piton and serves as the Chief Executive Officer. He has twenty-two years of experience building, operating and managing companies, investment portfolios and relationships in the financial services space. Prior to founding Piton, Mr. Fortescue most recently served as the Chief Operating Officer at...
Mr. Konrad is a founding partner of Piton and serves as the Chief Investment Officer. He has extensive experience managing capital in the Agency Mortgage-Backed Securities Market for twenty years, through multiple interest rate environments. Mr. Konrad has managed one of the largest levered Agency MBS portfolios outside of Fannie...
Mr. Lockwood serves as the Head of Fixed Income of Piton. He has over twenty years experience managing Fixed Income portfolios. Prior to joining Piton, Mr. Lockwood was a Senior Portfolio Manager and Head of the Fixed Income Division in the Private Bank Investment Group, Americas at HSBC. There, he...