Kourkoulakos, whose duties will include managing bond portfolios across the full range of the ratings spectrum, will report to Ed Goard, Munder’s chief investment officer of fixed income. “In addition to developing and implementing our high yield processes, he also will develop products for clients seeking more aggressive risk strategies and returns,” said Goard.
Previously, Kourkoulakos was a manager and co-head of credit research at California Public Employees’ Retirement Service (CalPERS), where he co-managed an $8 billion investment grade bond portfolio and managed a $1 billion high-yield bond portfolio. He also developed the high-yield investment and credit research process that strengthened CalPERS’ credit analysis capabilities and enabled the pension system to internally manage its high-yield fixed income portfolio.
Kourkoulakos has held several senior fixed-income investment management positions with Oppenheimer Funds, including senior portfolio manager and head of high-yield research, leading a team of senior credit professionals managing $7 billion in global high yield securities.
He holds a bachelor’s degree in electrical engineering and a master’s degree in computer science from Polytechnic University, and a master’s of business administration in finance and accounting from New York University’s Stern School of Business. He is a Stern Scholar and a CFA charterholder.
Munder Capital Management is a money management firm serving institutional investors.