In this newly created role, Silva will work with Attalus’ trading and risk management teams to enhance the cost and benefit characteristics of the firm’s risk calibration and benchmark replication for traditional and alternative investment strategies.
Silva will also work with clients to evaluate and construct customized solutions. The firm’s proprietary investment platform addresses the growing demand for customized investment solutions such as risk exposure aggregation, calibration, inflation protection and tail hedging among institutional clients.
Noting Silva’s extensive background in risk management and trading expertise, Patrick C. Egan, president and chief investment officer, said, “Our clients are increasingly focusing on investment and risk management strategies that are designed for their particular portfolios. That is why Attalus has built the infrastructure needed to bring new and innovative investment solutions to the firm’s investors.”
The appointment of Silva represents the continuation of the firm’s investment team expansion, adding key personnel with macro market expertise, portfolio construction, dedicated risk management and trading capabilities.
Silva was most recently a managing director of equity derivatives trading at Credit Suisse in New York, where he was responsible for overseeing the U.S. single stock option flow derivatives trading team and managing its risk. Before that, he held positions within Credit Suisse’s single stock options flow trading and securitized derivatives groups in London. Silva began his investment career in 1995 as an options trader at CME with Société Générale.
Silva holds a master’s of science in financial mathematics from the University of Chicago and a bachelor’s of science from the University of Wisconsin at Madison.
Attalus Capital is a global asset management firm in Philadelphia.