Top-down focused
Research-driven
Contrarian

Andromeda is a global investment management firm focusing on alpha generation in fixed income and credit. Our objective is to deliver the best risk-adjusted returns in liquid credit.

Andromeda's team has over a decade of joint experience in identifying and trading regime-change and navigating major macro and credit inflections. The strategy combines macro analysis with deep dives into countries, economic sectors and corporate fundamentals. This, together with positive convexity portfolio construction, allows us to benefit from periods of economic volatility and to monetise dislocations.

We capture catalysts that transform countries, change industries and disrupt firms' capital structures.

Why Us

Twenty years of experience in credit markets, and over ten years working together as a team.

Our research-driven approach to investing combines top-down asset allocation with bottom-up deep dive credit analysis.

We invest across the entire capital structure and across countries, with a focus on developed markets, high yield and Europe.

We aim to deliver alpha through positive convexity and speed of execution.

We include governance analysis and diversity in our investment process as well as in how we build teams.

Our Team

Alberto Gallo

CIO & Co-founder

Aditya Aney

Portfolio Manager & Co-founder

Tao Pan

Head of Research

Brendan Breen

Senior Credit Analyst

Andrea Marangoni

Head of Business Development

Chris Lloyd

Partner, Business Development

Raj Patel

COO

Tom Cotroneo

CRO

Andromeda's leadership team combines top-down analysis with deep dives into countries, economic sectors and firms.

This allows the strategy perform even in periods of volatility and economic change.

The Silver Bullet

The last twenty years were a period of low inflation, few geopolitical frictions, free-trade, and neoliberal policies. We believe this stable, goldilocks environment is over.

Record high inequality, persistent inflation on higher fiscal spending, rising geopolitical risks and climate polarisation will shape the future investment environment.

In The Silver Bullet, our long-standing investor letter, we explain how we think investors should get ready for the challenge.

Webcasts

Is the Free Lunch Over?

News

News and media

All News Articles

To learn more about us or for any other enquiries, please send us an email or visit our office.

Top-down focused Research-driven Contrarian