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Backseat Driver

(4,377 posts)
Mon Jul 27, 2020, 01:37 PM Jul 2020

Christine Daley, Lehman's Star Distressed Debt Analyst, Dies

https://finance.yahoo.com/news/christine-daley-lehman-star-distressed-213034655.html

(Bloomberg) -- Christine Daley, a veteran analyst who headed Lehman Brothers’ distressed debt team before the firm’s collapse in 2008, has died.

The New York-based investment bank Seaport Global Securities LLC., Daley’s most recent employer, confirmed her death on Sunday. “The firm extends our deepest condolences to Christine’s family,” a spokesperson told Bloomberg News. No cause of death was given. Daley was born in July 1958, according to public records. [snip]

A graduate of the College of New Rochelle and NYU Stern School of Business, Daley joined Bear Stearns in the high yield and bankruptcy department and worked there until 1993. She later became a managing director at Lehman Brothers, where she led the distressed debt and special situations proprietary desk, and oversaw distressed debt and high yield research.

After the collapse of Lehman Brothers during the global financial crisis, Daley joined Oak Hill Advisors in 2009 as managing director of the firm’s investment team. In 2011, she joined River Birch Capital, a hedge fund co-founded by ex-Lehman President and COO Bart McDade that shuttered in late 2018, before switching to Seaport Global.

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