This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Deerfield Capital Expands High-Yield Bond Trading Capabilities With Hire Of Mitch Wilner

CHICAGO, Aug. 4 /PRNewswire-FirstCall/ -- Deerfield Capital Corp. (Nasdaq: DFR) (" Deerfield" or the "Company") today announced that Mitch Wilner, a high-yield bond trader and portfolio manager formerly with Pacific Investment Management Co. ("PIMCO"), has joined Deerfield as a managing director and portfolio manager to enhance and grow its high-yield bond trading capabilities.  "We are very excited to welcome Mitch to the team and are looking forward to applying his expertise to bolster our highyield bond trading platform," said Jonathan Trutter, Deerfield's Chief Executive Officer.  "We expect to launch new products over time to take advantage of Mitch's experience and relationships."

Mr. Wilner has over 20 years of investment experience in the fixed income markets and has spent the past five years as a portfolio manager and senior high-yield trader at PIMCO.  While at PIMCO, Mr. Wilner served as co-portfolio manager for several closed-end mutual funds, including the PIMCO High Income Fund, the PIMCO Corporate Opportunity Fund and the PIMCO Corporate Income Fund, and as lead portfolio manager for a number of institutional accounts.  Prior to joining PIMCO, Mr. Wilner served as a senior high-yield trader for Northwestern Mutual for two years. Before joining Northwestern Mutual, he was a high-yield bond trader with Deutsche Bank Scudder Investments for 10 years.  

About the Company

Deerfield, through its subsidiaries, Deerfield Capital Management LLC and CNCIM, manages client assets, including bank loans and other corporate debt, residential mortgage backed securities, government securities and asset-backed securities. In addition, Deerfield has a principal investing portfolio comprised of fixed income investments, including bank loans and other corporate debt and residential mortgage backed securities.

For more information, please visit Deerfield's website, .


Certain statements in this press release are forward-looking as defined by the Private Securities Litigation Reform Act of 1995. These include statements regarding future results or expectations. Forward-looking statements can be identified by forward-looking language, including words such as "believes," "anticipates," "expects," "estimates," "intends," "may," "plans," "projects," "will" and similar expressions, or the negative of these words. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made. Forward-looking statements are also based on predictions as to future facts and conditions, the accurate prediction of which may be difficult and involve the assessment of events beyond the control of DFR and its subsidiaries. Forward-looking statements are further based on various operating assumptions. Caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, including the risk that the assumptions on which the forward-looking statements are based prove to be inaccurate, actual results may differ materially from expectations or projections. DFR does not undertake any obligation to update any forwardlooking statement, whether written or oral, relating to matters discussed in this press release, except as may be required by applicable securities laws.

SOURCE Deerfield Capital Corp.

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $118.03 -0.71%
FB $105.41 -0.31%
GOOG $748.15 -0.02%
TSLA $229.64 5.22%
YHOO $33.16 0.61%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs