Two Harbors Investment Corp . (NYSE: TWO; NYSE MKT: TWO.WS) today announced that Robert Rush joined Two Harbors as Managing Director, Risk Management. Robert joins the risk management team, which is led by Paul Richardson. Paul also serves as a Partner and Chief Risk Officer for Pine River Capital Management L.P., the parent of the company’s external manager.
“We are excited to add Robert to our senior management team, as he has tremendous expertise in the mortgage market,” stated Thomas Siering, Two Harbors’ President and Chief Executive Officer.
Prior to joining Two Harbors, Robert held a variety of positions at UBS AG in New York. During 2013, he was a Managing Director and Director of Risk Strategy for the Non-Core and Legacy Group, the unit established to oversee UBS’ exit from capital-inefficient businesses. From 2009 to 2012, he served as Head of Risk Analytics for the StabFund Investment Management Group, focusing on fundamental/technical analytics and interest rate risk management for a multi-billion portfolio of residential and commercial loans, RMBS, CMBS and ABS. From 2007 to 2008, Robert served as the Head CDO and Esoteric Asset Trader for the UBS Workout Group, and from 2006 to 2007, he co-managed the ABS/CMBS Derivatives Structuring Team within the Global CDO Group. Prior to his time at UBS, he served in various investment management and research positions. Robert holds a B.S. in Mathematics from Fordham University, an M.S. in Operations Research & Statistics from Rensselaer Polytechnic Institute, and a Ph.D. in Decision Sciences & Engineering Systems from Rensselaer Polytechnic Institute.
Two Harbors Investment Corp.Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, residential mortgage loans, mortgage servicing rights and other financial assets. Two Harbors is headquartered in Minnetonka, Minnesota, and is externally managed and advised by PRCM Advisers LLC, a wholly-owned subsidiary of Pine River Capital Management L.P. Additional information is available at www.twoharborsinvestment.com. Additional Information Stockholders and warrant holders of Two Harbors, and other interested persons, may find additional information regarding the company at the Securities and Exchange Commission’s Internet site at www.sec.gov or by directing requests to: Two Harbors Investment Corp., 601 Carlson Parkway, Suite 1400, Minnetonka, MN 55305, telephone 612-629-2500.