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LM Capital Group

# RepRisk interviews Patrick Faul, Director at LM Capital Group’s Research Department

# February 2021

1. RepRisk: Please provide some insight into your specific role at LM Capital and explain the work that you and your team do.

Patrick Faul: I am a Director in LM Capital’s Research Department. I think of the Research Department’s role as making sure our entire investment team understands the risks in our portfolios. As a fixed income shop, we’re primarily concerned with not losing money. In this low interest rate environment, losing 20 points on a corporate bond that goes bad can wipe out the interest income from ten corporate bonds that have performed perfectly well.

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