Glenn S. Koach
President and Portfolio Manager
Glenn Koach has over 25 years of experience in managing short-term, high-yield funds.
Mr. Koach co-founded Riverside Capital Advisers in 1984, a boutique institutional investment management firm specializing in short-term,
high-yield securities, which grew to over $400 million under management.
The Riverside portfolio included, publicly traded seasoned securities for large nontaxable accounts such as, pension plans, endowments,
and offshore funds, as well as private placements, tax liens, and structured settlements.
He sold his interest in Riverside in 1997. Riverside sold the high yield business in 1999.
As a corporate board director, Mr. Koach has guided several companies through difficult financial situations including,
turn-arounds, workouts and bankruptcies.
This experience gives him far greater insight into the under-pinnings of high-yield offerings.
In addition, Mr. Koach is an experienced corporate executive holding key positions with both public and private companies, including:
CEO of Group Long Distance, Inc. (GLDI). Mr. Koach began his career at Peat, Marwick, Mitchell & Co. and was a CPA.
Mr. Koach holds a Bachelor of Economics with a degree in Accounting from the Wharton School at the University of Pennsylvania.
President and Portfolio Manager
Thomas P. Krasner, CFA
Principal and Portfolio Manager
Thomas P. Krasner, CFA has spent over 20 years in fixed income, distressed debt and high yield bonds.
He has extensive experience in corporate restructurings, credit analysis, and portfolio management,
including substantial hands-on involvement in the workouts of troubled companies.
From 1999 to 2003, Mr. Krasner was Executive Vice President at Harch Capital Management and
was responsible for working out and restructuring distressed securities, high yield bonds,
and bank loans for a $600 million hedge fund. Between 1996 and 1999 Mr. Krasner was a Principal
and Portfolio Manager at Riverside Capital Advisers, where he co-managed the short-term high yield portfolio with Mr. Koach.
Between 1985 and 1996 he worked at John Alden Asset Management, a $4 billion life insurance company,
where he was responsible for the $250 million private placement portfolio.
In 2003 Mr. Krasner was appointed as Trustee by the U.S. Bankruptcy Court to administer the liquidating trust of Premier Operations.
Mr. Krasner holds a B.A. (1983) in Economics/English/Mathematical Sciences and M.A. in Economics (1984)
from Rice University and is a Chartered Financial Analyst (1990).
Between 1996 and 1998 he was the President of the Miami Society of Financial Analysts.
He currently is a Director of Institutional Deposits Corporation and Nutritek and has served on the boards of Birch Telecom,
Doe Run Resources, FWT, Sterling Chemicals, and Trism.
Principal and Portfolio Manager
