Michael Harrington

Experience

1. Senior Managing Director, Credit Analyst, Fixed Income

   PPM America, Inc.

   May 1999 — Present · Chicago, IL, US

   A senior member of the firm’s credit analysis team, a twenty-person group responsible for maintaining internal research on fixed-income investments, including public bonds (both investment grade and high-yield), private bank loans and traditional private placements.•I manage the TMT “pod” within the credit analysis team which includes three additional analysts covering the entire TMT universe.•Primary analytical responsibilities for credits in the telecommunications, cable TV and satellite sectors.•Member of the firm\'s Credit Committee. Analyst recommendations and internal opinions are presented to the committee for approval and supported by written presentations and analysis.•Formulate internal credit ratings and make investment recommendations to portfolio managers on a variety of total return credit portfolios.•Maintain internal ratings and relative value opinions, prepare credit underwritings on new issuers, perform periodic industry and portfolio reviews.•Designed internal intranet-based credit research portal and worked with programmers to develop the site. The portal presents internal credit research, including risk ratings, relative value opinions, financial history, portfolio holdings and credit memos. I continue to work with programmers to maintain the site in the face of changing portfolios and information needs.•Designed internal attribution reports and worked with programmers to implement it. The report details the issuers and sectors that are driving performance across the company’s portfolios.

Education

• The University of Chicago Booth School of Business

  MBA, Finance and Accounting

  1997 — 1999

• Harvard University

  BA, Economics

  1988 — 1992

Skills

• Debt
• Finance
• Asset Management
• Credit
• Valuation
• Fixed Income
• Investments
• Financial Analysis
• Credit Analysis
• Leveraged Finance
• Loans
• Financial Modeling
• Bonds