Aditya Bhandari
About Aditya Bhandari
Aditya Bhandari is the Managing Director of Structured Credit at Marathon Asset Management, where he has worked since 2008. He has over 18 years of experience in fixed income, specializing in quantitative investing strategies across various sub-sectors of Structured Credit.
Current Role at Marathon Asset Management
Aditya Bhandari serves as the Managing Director of Structured Credit at Marathon Asset Management. He has held this position since 2008, accumulating 16 years of experience in this role. His responsibilities include overseeing investments in various structured credit sub-sectors, including RMBS, ABS, CMBS, and CLOs. Bhandari specializes in quantitative investing strategies that focus on maximizing reward while managing risk.
Previous Experience in Financial Services
Prior to his current role, Aditya Bhandari gained extensive experience in the financial services sector. He worked at JP Morgan as an Interest Rate Derivative Strategist from 2005 to 2006, where he focused on relative value ideas in swaps and related derivatives. He also served as a Vice President at Bear Stearns from 2006 to 2008, concentrating on agency and non-agency MBS strategy. Earlier in his career, he worked at Optiver as an Options Market Maker from 2001 to 2003.
Educational Background
Aditya Bhandari has a strong academic foundation in engineering and finance. He earned a Bachelor of Technology (B.Tech) degree from the Indian Institute of Technology, Bombay, from 1995 to 1999. He then pursued a Master of Science (MS) in Theoretical & Applied Mechanics at Cornell University from 1999 to 2001. Following this, he studied Computational Finance at Carnegie Mellon University, achieving another MS from 2003 to 2004.
Expertise in Structured Credit
Bhandari has 18 years of fixed income experience, with over 14 years focused on structured credit investments at Marathon Asset Management. He possesses in-depth knowledge of managing and underwriting investments in the US non-performing and sub-performing residential whole loans sector. Additionally, he has expertise in the single-family rental (SFR) sector and the European non-performing loan (NPL) sector.
Career Beginnings in Derivatives Trading
Aditya Bhandari began his career in the finance industry at Optiver Derivatives Trading, where he worked as a junior equity derivatives trader and research analyst. This early experience laid the groundwork for his subsequent roles in interest rate derivatives and structured credit, contributing to his comprehensive understanding of financial markets.