Palmer Square Capital Management announced Wednesday the appointment of Angie Knighton Long as the firm’s chief investment officer.
Prior to joining Palmer Square, based in Leawood, Kan., Ms. Long worked for JPMorgan Chase & Co. in New York, where she held a variety of management and trading roles, including deputy head of credit trading for North America, head of high-yield trading, and head of credit derivatives trading.
“During her 13 years in New York, Angie made some significant contributions to the investment community,” said Christopher D. Long, Ms. Long's husband and president and founder of Palmer Square, in a statement. “Her insights, investment perspective, and deep relationships across the senior levels of Wall Street will be essential in our continued pursuit of alternative investments that give our clients a greater level of portfolio diversification – and the reduced risk that goes along with it.”
The Longs met as fellow economics majors at Princeton University. As a member of Palmer Square’s Investment Committee, Ms. Long has key responsibilities for all investment-related activities, with a particular focus on portfolio and risk management.
Palmer Square provides investment advisory services, proprietary funds and customized allocations focused specifically on alternative investments such as hedge funds and private equity funds. The firm serves high net worth clients, registered investor advisor firms and institutional clients.
According to a Palmer Square news release, Ms. Long created the JPMorgan High Yield Debt Index, “the first liquid credit trading index and the predecessor to all of today’s indices (the Dow Jones CDX).” Named a managing director of JPMorgan Chase & Co. at age 29, Ms. Long also built JPMorgan’s high-yield credit derivatives business and credit options business.
Earlier in her career, Ms. Long was an analyst with Fisher, Francis, Trees, and Watts. She is a Chartered Financial Analyst holding the Series 7, 63, 4, 55 and 24 securities licenses.