Investment Committee Biographies

Steven Rosenthal 

Steven Rosenthal, CFA, is a Managing Director and Portfolio Manager with NCRAM. He is the portfolio manager of NCRAM’s European High Yield Strategy, having managed it since its 2012 inception, and he is the Co-Portfolio Manager of our Global High Yield Strategy with David Crall since 2019. He also supervises NCRAM’s activities in the Leveraged Loan market. From 2010–2016 he was the co-portfolio manager of the long/short strategy. He had been the assistant portfolio manager of the long/short strategy during 2009. In 2005 he spearheaded the firm’s establishment of a dedicated distressed capability and was the primary analyst following the distressed universe through 2009. Prior to that, he had been an analyst in the high yield group at NCRAM for various industries including Gaming, Lodging & Leisure, Metals & Mining, Homebuilding and Building Products and Wireline Telecommunications since 2000. Mr. Rosenthal received his B.A. in History from Yale University in 2000. He is a CFA® charterholder, a member of the CFA Institute, and a member of the New York Society of Security Analysts.