Investment Teams

Commitment to Investment Excellence

We believe the best investment insights come from specialized investment teams with discrete investment perspectives, operating under a disciplined philosophy and process framework with strong risk oversight.

Invesco Credit Partners

The Invesco Credit Partners strategy targets investments primarily in stressed credit, distressed credit, and special situations with a specific focus on small capitalization and middle market companies.

We believe our strategy is differentiated from our competition due to our sourcing and diligence advantage, small capitalization and middle market focus, diligence discipline, and significant reorganization and bankruptcy expertise.

Investment Strategy

  • Targets mid-to-high teens gross returns through stressed/distressed credit
  • Existing corporate debt purchased at discount to par
  • Preference for small capitalization and middle market companies
  • Seeks to mitigate downside risk through senior secured credit investments
  • Dedicated team with significant reorganization and bankruptcy experience

Institutional edge
  • Differentiated sourcing, diligence and execution
  • Expected early-mover advantage through integrated platform
  • Private-side access with no information barriers
  • Breadth of bank loan platform and depth of private equity sector expertise
Small cap/middle market focus
  • Not cycle dependent – highly actionable in today’s markets
  • Idiosyncratic issuer challenges create GDP-like opportunity set
  • Inefficient market – diligence, sourcing and execution complexity
  • Potential for better risk-adjusted returns
Fundamental approach
  • High conviction, private equity due diligence approach
  • Seek to invest in good companies at discount to intrinsic value
  • Evaluate key drivers of situational distress
  • Catalyst-focused underwriting to fundamental/technical re-rating

Investment philosophy

Our investment philosophy seeks to create a portfolio of investment positions that have the potential to generate attractive equity-like returns while mitigating downside risk. To this end, we target investments in fundamentally sound companies at a discount to intrinsic value by utilizing our platform to drive differentiated and proactive idea generation. We believe our established industry networks, differentiated platform, and restructuring expertise provide a diligence advantage.

We believe our preference for complex special situations as well as our small capitalization and middle market orientation distinguishes us from our competition. We view a reliance on fundamental credit analysis, a private equity diligence discipline, and a longer-term investment horizon as key factors required to unlock value overlooked by traditional credit investors. By adhering to this investment philosophy, we seek to achieve attractive risk-adjusted returns.

The team

Invesco Credit Partners – Senior Portfolio Managers
  Yrs of industry experience
Paul Triggiani Managing Partner & Head, Invesco Credit Partners Managing Partner & Head, Invesco Credit Partners 22
Stephen Johnson Managing Director Managing Director 20
Matthew Brooks Principal Principal 11
Invesco Credit Partners – Investment Committee
  Yrs of industry experience
Scott Baskind Chief Investment Officer & Head, Invesco Bank Loan Group Chief Investment Officer & Head, Invesco Bank Loan Group 21
Greg Stoeckle Co-Head & Managing Partner, Invesco Private Capital Co-Head & Managing Partner, Invesco Private Capital 30
Paul Triggiani Managing Partner & Head, Invesco Credit Partners Managing Partner & Head, Invesco Credit Partners 22
Stephen Toy Co-Head & Managing Partner, Invesco Private Capital Co-Head & Managing Partner, Invesco Private Capital 23
Contact Us - Commercial Strategies Team
  Yrs of industry experience
Alexia Gottschalch Managing Director & Head of Commercial Strategies
alexia gottschalch@invesco.com
Managing Director & Head of Commercial Strategies 24
Marquette Chester Principal & Managing Director, Investor Relations and Product Development
marquette.chester@invesco.com
Principal & Managing Director, Investor Relations and Product Development 34
Justin Yagerman Executive Director, Commercial Strategies
justin.yagerman@invesco.com
Executive Director, Commercial Strategies 17
Dylan Pritchard Associate, Commercial Strategies
dylan.pritchard@invesco.com
Associate, Commercial Strategies 2
As of June 30, 2018

This information is intended for institutional investors that are US residents.

All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. This is not to be construed as an offer to buy or sell any financial instruments and should not be relied upon as the sole factor in an investment making decision. As with all investments there are associated inherent risks. This should not be considered a recommendation to purchase any investment product. This does not constitute a recommendation of any investment strategy for a particular investor. Investors should consult a financial professional before making any investment decisions if they are uncertain whether an investment is suitable for them. Please obtain and review all financial material carefully before investing.

Institutional separate accounts and separately managed accounts are offered by Invesco Advisers, Inc. and other affiliated investment advisers, which provide investment advisory services and do not sell securities.

Certain other vehicles mentioned are not offered by Invesco Advisers, Inc. and are available via other affiliated entities which, like Invesco Advisers, Inc., are indirect, wholly owned subsidiaries of Invesco Ltd.

Invesco Global Asset Allocation

The Global Asset Allocation team maintains a disciplined approach to research focused in three areas: strategic allocation, purpose-built asset class exposure and tactical allocation. The team manages both long-only and long-short multi-asset or single asset class strategies. The investment team averages 13 years with Invesco and 21 in the industry.

In times of uncertainty it is important to be prepared for all possible outcomes. This is the rationale behind the team's approach to building portfolios, which aims to diversify risk for a more consistent investment outcome.

 

Senior Investment Professionals
Scott Wolle, CFA Chief Investment Officer
Scott Hixon, CFA Senior Portfolio Manager, Head of Investment Research
Chris Devine, CFA Senior Portfolio Manager
Mark Ahnrud, CFA Senior Portfolio Manager
Christian Ulrich, CFA Senior Portfolio Manager
John Burrello, CAIA Portfolio Manager

As of December 31, 2017. Not all strategies or vehicles are available to all investors nor in all jurisdictions.

Invesco Global Liquidity

As part of Invesco Fixed Income, Invesco Global Liquidity is dedicated to meeting the needs of money market investors. Investors have long relied on the money market industry to meet their cash management needs.

For more than 35 years, Invesco Global Liquidity has worked to gain and keep the trust of these clients through our deep industry knowledge and our investment expertise. We're dedicated to the future of this industry — and to yours.

What we offer clients:

  • Bringing the strength of Invesco to our clients
  • A long-term approach to short-term investing
  • A disciplined investment approach
  • High-quality products
  • Distinguished client services and support

 

Senior Investment Professionals
Tony WongHead of Global Credit Research and Liquidity

Laurie Brignac Head of Global Liquidity Portfolio Management

Justo Gonzalez Head of Global Liquidity Credit Research, Senior Analyst

More information on the Global Liquidity team's products and services.

 

As of May 31, 2016. Not all strategies or vehicles are available to all investors nor in all jurisdictions.

Invesco International and Global Growth

The Invesco International and Global Growth Team employs a fundamental research process that was launched in 1992 and uses a bottom-up, active, long-term investment approach. This approach evaluates companies' Earnings, Quality and Valuation ("EQV") characteristics, and can be best described as a "quality growth" strategy that has a focus on valuation.

Invesco's International and Global Growth product suite is supported by a 18-member team that has a combination of experience, stability and perspective. The team's nine portfolio managers have an average of 23 years in the industry and 17 years on the team.

What we offer clients:

  • Well-established international and global equity mandates
  • An experienced and tenured portfolio management team
  • A "quality growth" approach, with a focus on valuation

 

Portfolio Managers: Invesco International and Global Growth Team
Clas Olsson CIO, Senior Portfolio Manager
Ryan Amerman, CFA Portfolio Manager
Brent Bates, CFA, CPA Senior Portfolio Manager
Steve Cao, CFA, CPA Senior Portfolio Manager
Matthew Dennis, CFA Senior Portfolio Manager
Borge Endresen, CFA Senior Portfolio Manager
Jason Holzer, CFA Senior Portfolio Manager
Mark Jason, CFA Senior Portfolio Manager
Richard Nield, CFA Senior Portfolio Manager

As of Dec. 31, 2018. Not all strategies or vehicles are available to investors nor in all jurisdictions. The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

Invesco Private Capital

Since 1981,1 Invesco Private Capital (IPC) and our predecessor firms have developed a reputation for excellence in private equity investing, backing industry-leading venture, buyout and other private equity funds within fully discretionary funds-of-funds products. Over our 30 year history, we have seen many market cycles and have demonstrated a strong track record of navigating the ever-changing marketplace.

The IPC fund-of-funds investment team is responsible for all aspects of the investment process, from deal-sourcing and due diligence to investing and monitoring.

What we offer clients:

  • More than 30 years of identifying and investing in some of the most successful venture capital, buyout, and distressed managers in the world
  • A strong and verifiable track record over multiple market cycles, sectors and geographies
  • Senior investment professionals working collaboratively together for a decade with an average of 15 years private equity experience
  • Long-term relationships with leading general partners and access to opportunities generally closed to new investors

 

Senior Investment Professionals
Philip M. Shaw Chief Investment Officer
Kelvin Liu, CFA Senior Portfolio Manager
Amit Tiwari Senior Portfolio Manager
Evan Jaysane-Darr, CFA Senior Portfolio Manager
Theresa Boyd Senior Portfolio Manager
Jessica Mulvihill Associate
Michelle Seager Associate

All data as of Dec. 31, 2016 unless otherwise stated.

1Through its predecessor firms.
Not all strategies or vehicles are available to all investors nor in all jurisdictions. Certain strategies are only available to qualified investors.

Invesco Quantitative Strategies

For over 30 years, the Invesco Quantitative Strategies team has employed an active, research-intensive investment process designed to benefit our clients over the long-term. Our team of over 40 investment professionals manages approximately $35 billion1 in equity and balanced solutions portfolios for institutional and retail clients around the globe.

All strategies are built on our core belief that we can add value for our clients through the systematic application of fundamental and behavioral investment insights.

What we offer clients:

  • Independent Thinking: We believe synergy arises best from a culture that thrives on a diversity of views and open, respectful communication.
  • Purposeful Evolution: We believe a successful, innovative investment process embraces continuous, evolutionary enhancement.
  • Engineered Discipline: We believe systematically applying quantitative investment management techniques helps to differentiate between assets, measure and manage risk, and construct portfolios.

 

Senior Investment Professionals
Bernhard Langer, CFA Chief Investment Officer
Uwe Draeger Director of Portfolio Management
Michael Fraikin Head of Research
Jens Langewand, Ph.D. Director of Research
Glen Murphy, CFA Global Head of Portfolio Management
Alexander Uhlmann, CFA Director of Portfolio Management

1As of February 1, 2017. Not all strategies or vehicles are available to all investors, nor in all jurisdictions.

Invesco Real Estate

What we offer our clients:

Experience

Established in 1983, Invesco Real Estate (IRE) manages global investments in direct real estate, real estate securities including equity and debt, infrastructure securities and master limited partnerships (MLPs).

Singular Focus

Our real estate business is focused solely on investment management. We do not have conflicting business interests, such as investment banking, insurance, property management or leasing. This reduces the risk of conflicts of interest, and allows us to focus our energies on our fiduciary responsibility to each client.

Global Platform

With offices in 21 financial centers around the world, our team focuses on top-down fundamentals and bottom-up local market intelligence. Our global presence, combined with a centralized team, allows us to identify and manage the best investment opportunities in the most attractive markets.

Portfolio teams include:

  • North America Direct Real Estate
  • Asia Direct Real Estate
  • European Direct Real Estate
  • Global Real Estate Securities
  • Global Infrastructure Securities

 

Senior Investment Professionals
R. Scott Dennis Managing Director, Chief Executive Officer
Tim Bellman Managing Director, Head of Global Research
Mark Blackburn CFA, CPA Managing Director, Senior Portfolio Manager
Pete Cassiano Managing Director, Acquisitions Officer
Jeff Cavanaugh Managing Director, Director of Separate Account Portfolio Management
Calvin Chou Managing Director, Co-Chief Investment Officer & Head of Opportunities Strategies
James Cowen Managing Director, Portfolio Manager
Bert Crouch Managing Director, Portfolio Manager
Paul Curbo, CFA Managing Director, Portfolio Manager
Laler C. DeCosta Managing Director, Client Portfolio Manager
Rob Deckey Managing Director, Acquisitions Officer
Etienne Dupuy Managing Director, Head of Asset Management, Europe
Peter Feinberg Managing Director, Portfolio Manager
Jason Geer Managing Director, Head of Dispositions and Financing
John German Managing Director, Residential Investments
Tracy Green, CPA Managing Director, Director of US Real Estate Accounting
William C. Grubbs, Jr. Managing Director, Head of Funds Management
Kevin Grundy Managing Director, Fund Management
Andrew Hills Managing Director, Client Portfolio Management
Jay P. Hurley Managing Director, Portfolio Manager
Paul Joubert Managing Director, Head of European Transactions
Michael C. Kirby CPM Managing Director, Director of North American Real Estate Operations and US Asset Management
T. Gregory Kraus Managing Director, Director of Acquisitions
Cheng-Soon Lau Managing Director, Asia Pacific
Paul Michaels Managing Director, Director of North American Direct Real Estate
Ron Miller Managing Director, Acquisitions Officer
Rory Morrison Managing Director, Fund Management, Europe
Sze Ann Ong Managing Director, Head of Asset Management, Asia Pacific
Lee Phegley, CPA Managing Director, Chief Financial Officer
Steffen Pilopp Managing Director, Fund Management
Doris Pittlinger Managing Director, Head of Fund Management, Europe
Ron Ragsdale Managing Director, Closing Services - Head of Transaction Services
Simon Redman Managing Director, Client Portfolio Management
Joe V. Rodriguez, Jr. Managing Director, Head of Global Real Estate Securities
Andy Rofe Managing Director, Head of Europe, Invesco Real Estate
Ian Schilling Managing Director, Co-Chief Investment Officer, Head of Core Funds and Private Accounts, Asia Pacific
Mike Sobolik, CFA, CRE Managing Director, Head of Research, North America
Cristiano Stampa Managing Director, Transactions, France, Belgium and Southern Europe
Robert Stolfo Managing Director, Client Portfolio Management
Max Swango Managing Director, Head of Global Client Portfolio Management
Alexander Taft Managing Director, Head of Investment and Debt Structuring - Europe
Yasuyuki Tsuji Managing Director, Head of Japan Real Estate
Darin Turner Managing Director, Portfolio Manager
Ping-Ying Wang, CFA Managing Director, Portfolio Manager
Noah Wangh Managing Director, Head of Transactions, Asia Pacific
Beth Zayicek Managing Director, Chief Operations Officer

All data as of March 31, 2019 unless otherwise stated. Not all strategies or vehicles are available to all investors nor in all jurisdictions.

Invesco US Growth

Our US Growth team consists of 18 investment professionals located in Houston and New York. All members of the team participate in the daily research/oversight of the Growth strategies with Erik Voss as the Chief Investment Officer for the US Growth complex, Juan Hartsfield as the lead for the Small Cap Growth and Small Cap Discovery funds, Ron Zibelli, Jr. as the lead for the Mid Cap Discovery and Discovery funds and Erik Voss as the lead for the large cap team.

 

Senior Investment Professionals
Juan Hartsfield, CFA Lead Portfolio Manager
Erik Voss, CFA Lead Portfolio Manager
 Ron Zibelli, Jr., CFA Lead Portfolio Manager
Clay Manley, CFA Portfolio Manager
Justin Sanders Portfolio Manager
Ash Shah, CFA, CPA Portfolio Manage
Ido Cohen Portfolio Manager
Janet Luby Portfolio Manager
Justin Livengood, CFA Portfolio Manager
Davis Paddock, CFA Portfolio Manager

All data as of June 30, 2019 unless otherwise stated. Not all strategies or vehicles are available to all investors nor in all jurisdictions.

Invesco US Value

Our US Value Equities team consists of 27 investment professionals located primarily in Houston. Lead by Chief Investment Officer, Kevin Holt, the investment team has an average of 19 years of industry experience and consists of portfolio managers who specialize by sector.

Portfolio teams include:

  • Convertible Securities
  • Dividend Value
  • Large Cap Relative Value
  • Large Cap Value
  • Mid Cap Value
  • Small- and Multi-Cap Value

 

Senior Investment Professionals
Kevin Holt, CFA Chief Investment Officer, Lead Portfolio Manager
Devin Armstrong, CFA Lead Portfolio Manager
Tom Bastian, CFA Lead Portfolio Manager
Matthew Titus, CFA Lead Portfolio Manager
Brian Jurkash Lead Portfolio Manager
Jeff Vancavage, CFA Lead Portfolio Manager
Meggan Walsh, CFA Lead Portfolio Manager
Jonathan Edwards, CFA Lead Portfolio Manager

All data as of April 2015 unless otherwise stated. Not all strategies or vehicles are available to all investors nor in all jurisdictions.