Nicholas Penachio

** ****** **** ***** ******, NY 10605

914-***-**** adbvim@r.postjobfree.com

EDUCATION

Fordham University – Gabelli School of Business Bronx, NY Bachelor of Business in Finance May 2017

GPA: 3.59/4.00, Major GPA: 3.86/4.00

Awards: Deans List, CFA Scholarship

Coursework: Financial Modeling, Global Financial Statement Analysis, Financial Management, Student Managed Investment Fund, Credit and Special Situations Investing, Real Estate Finance, Portfolio Management Extracurricular: Fordham Finance Society, Alternative Investments Club, Students for Wounded Warriors, Resident Hall Association, Campus Activity Board, Fordham Italian Club (Inseime), Fordham Gaelic Club Iona Preparatory School New Rochelle, NY

High School Degree May 2013

GPA: 3.8/4.0

Extracurricular: Varsity Football, Varsity Lacrosse, JV Golf, Peer Counselor, Music Ministry, Campus Ministry, and Student Faculty Council, Italian Club Professional Designation

CFA Level 1, June 2019

WORK EXPERIENCE

TIAA Investments/Nuveen New York, New York

Investment Analyst – Corporate Credit Research September 2017 - Present

Generalist analyst supporting investment grade credit mandates across total rate of return (AUM: $20bn) and general account (AUM: $77bn) portfolios

Mainly covers the TMT(T,VZ, CHTR, DELL, AVGO, MU, NXPI,VIA,DISCA), Healthcare/Pharma (CVS, CI, ABBV, MYL, AGN, CELG, BDX, ABT, TEVA), US Large Cap & Regional Bank, Japanese Bank, Australian Bank, Canadian Bank, and Automotive sectors and have supported European Banks, Finance Companies, Aerospace/Defense and various industrial sector at different times

Supports senior analysts in generating investment and positioning recommendations across total rate of return (OW/MW/UW) and insurance accounts

(buy/sell/hold) which are communicated to portfolio managers verbally and in written form

Manages credit and sector positioning across mandates through constant collaboration with senior analysts/traders/portfolio managers: Adding, reducing or exiting positions according to evolving credit fundamentals, macro developments, realization of expected events or achievement of investment targets

Provides in depth financial analysis through earnings, cash flow, leverage and liquidity forecasting and pro forma analysis

Perform relative value analysis to generate investment recommendations which takes into consideration factors including credit quality, tenor, industry, liquidity and subordination (senior/subordinated/preferred/AT1)

Keeps senior analysts/portfolio managers up to date on relevant news flow pertaining to individual credits and broader industry news/trends

Assists in the initial credit review process for new obligors, the assignment of internal credit ratings and the assignment of ESG ratings for general account holdings

Supports High Yield, Emerging Markets and Preferred Teams on various crossover credits, special situations, broader industry trends and other ad hoc items

Played an important role in the knowledge transfer and integration of the TIAA Investments and Nuveen investments teams by helping team members get up to speed on sectors themes, individual credits and investment mandates Fordham Student Managed Investment Fund Bronx, New York Fixed Income Portfolio Manager and Chief Economist August 2016- May 2017

Part of a student team that manages $1.3 million of Fordham University’s Endowment Fund across a global portfolio

Responsible for the security selection, strategy, analysis and risk management of the funds Fixed Income portfolio ~$517,000 of AUM

Updated the fund on macroeconomic, trends, trading conditions and investment opportunities in the fixed income market

Allocated the portfolio between several fixed income ETFs including leveraged loans, corporate credit, agency mortgage backed securities, commercial mortgage backed securities and United States Treasury bonds which contributed to funds outperformance in Fall 2016 and Spring 2017 Jefferies New York, New York

Fixed Income Sales and Trading Summer Analyst May 2016-August 2016

Participated in a 10 week rotational program through the Fixed Income Division

Rotated through High Yield, Rates, Emerging Markets, Investment Grade, Municipal, Mortgage, FX and Distressed desks Morgan Stanley New York, New York

Wealth Management Intern-1290 Discovery Group May 2015-February 2016

High performing wealth management team that manages $500 million for high net worth clients

Assisted the team’s analyst with fund selection, portfolio construction, security analysis and risk management Enclave Partners New York, New York

Spring Intern- Private Placement Group January 2015- April 2015

Boutique alternative investments firm specializing in pre-IPO equity private placements for retail investors SKILLS AND INTERESTS

Skills: Microsoft Office, Bloomberg, CapIQ, FactSet, SNL Interests: New York sports teams, cooking, history, music, basketball, 3 x Tough Mudder finisher, running, boxing, football, squash, paddle tennis and golf

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