400 Capital Management Expands Financial, Investor Relations Team

NEW YORK, June 11, 2013 /PRNewswire/ -- 400 Capital Management LLC ("400CM"), a structured credit investment manager, announced today two new additions to the firm.  John Bateman has joined as chief financial officer, and Tami Witham, CFA, has joined as a director and investor relations product specialist. 

"The opportunity set for 400CM remains very attractive and we are committed to an ongoing, best-in-class investment in the firm's capabilities," said Chris Hentemann, managing partner and chief investment officer of 400CM.

Hentemann, a 23-year veteran of the securitized credit markets, established 400CM in October 2008.  The firm actively invests in the credit markets, focusing specifically on residential and commercial mortgage and consumer asset-backed securities.

Bateman will be head of the firm's financial and tax activities.  Previously, he was chief operating officer and chief financial officer for technology, media and telecom investment banking, precious metals trading and emerging markets fixed income trading at Credit Suisse in New York, Palo Alto and London.  He began his career as a tax accountant at Arthur Andersen & Co. 

Witham will be responsible for managing current and prospective client relationships and for providing communication and expertise on the firm's product strategy.  Prior to 400 Capital, Witham was a family investment officer for GenSpring Family Offices in New York where she advised ultra-high net worth families in goals-based planning and asset allocation.  Previously, she served as a fixed income client portfolio manager with Goldman Sachs Asset Management and as a fixed income account manager with Pacific Investment Management Company.  Prior to that, Witham began her career selling residential and commercial mortgage-backed securities and asset-backed securities for Banc of America Securities.

About 400 Capital Management LLC

400 Capital Management LLC is a New York-based structured credit investment manager with more than $800 million of assets under management.  The Firm manages credit strategies focused on generating stable, long-term returns and leverages its extensive industry experience in structuring, trading, analytic development and portfolio management across residential and commercial mortgage, consumer asset-backed and structured credit markets.   The firm has a seasoned team, including 22 employees and senior management that have worked together for more than 11 years.

SOURCE 400 Capital Management