Cutwater Asset Management Announces
Investment in Tandem Global Partners
September 15, 2010 08:47 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Cutwater Asset Management, one of the world’s largest fixed-
income investment management firms, today announced a strategic investment in Tandem Global Partners.
Tandem, founded in 2008 by Kevin Murphy, Joe Petri and James Tammaro, operates diverse private investment
vehicles and has expertise in emerging markets fixed income, currencies, and a wide range of global and domestic
credit products. Tandem conducts merchant banking activities through its affiliate Tandem Principal Investments.
“We are excited about entering into this strategic partnership with Tandem, which has developed exceptional
expertise and client relationships. We have known the key principals of Tandem for many years and share a common
culture of providing innovative solutions and quality products for institutional clients,” said Cliff Corso, Chief
Executive Officer of Cutwater. “Combining Tandem’s expertise with Cutwater’s strong track record in traditional
fixed income products will offer a powerful combination for our clients,” Corso added.
“Cutwater and Tandem intend to leverage our complementary business lines by jointly identifying opportunities to
provide real and valuable solutions to clients who also benefit from our integrated ability to share knowledge in
markets across the globe,” said Joe Petri, Managing Partner of Tandem.
Cutwater Asset Management is a client-focused and solutions-based investment advisor focused exclusively on fixed
income investments. With $43 billion in assets under management, Cutwater Asset Management ranks among the
world's 35 largest fixed-income investment managers. Cutwater's model combines world-class investment expertise
and risk management capabilities with exceptional client service, in-depth consultation, and extensive interaction
between clients and the investment team. Our clients include st