Post Advisory Group hires Farley to manage CLO investments, structured credit
Post Advisory Group, the senior loans and structured credit arm of Des Moines-based Principal Global Investors, has hired Kevin Farley as a portfolio manager for its collateralized loan obligations (CLO) and structured credit platform. Farley comes to Post Advisory Group with more than 25 years of experience in financial markets. Most recently, he spent more than 10 years trading CLOs at Wells Fargo Securities. The Los Angeles-based firm said adding Farley will further support its efforts to provide clients with a full suite of customized investment options. Farley will help manage the Post CLO Equity Master Fund, which Post completed an oversubscribed capital raise for in March, and the Post structured credit strategy to be launched later this year. Post, founded in 1992, manages $15.6 billion of assets on behalf of institutional investors around the world. Insider: See this 2020 Business Record article about Post Advisory Group and its bid to ramp up its CLO activity.