Chief Investment Officer
Portfolio Manager
Orange Investment Advisors
An Affiliate of Easterly
Jay is the Chief Investment Officer and Portfolio Manager at Orange Investment Advisors, an affiliate of Easterly.
Prior to founding Orange Investment Advisors in 2017, Jay held several positions over 17 years at Semper Capital LP. He joined Semper in 1999 as the Head of Mortgages, and served as the firm’s Chief Investment Officer from 2010 until his departure in 2016, as well as Lead Portfolio Manager of the Semper MBS Total Return Fund from its inception through until his departure in 2016. Prior to Semper, Jay spent 12 years at Atlantic Portfolio Analytics and Management. His experience included managing mortgage pass-throughs and mortgage derivatives, in long only and leveraged portfolios.
Prior to managing portfolios, he spent four years developing analytical and operational systems, including one of the early CMO cash flow models. He began his career as an electrical engineer at Harris Corp. where he earned a patent for a digital radar design. Jay holds a B.S. in Electrical Engineering from the Massachusetts Institute of Technology and a M.B.A. from the Florida Institute of Technology.
Income Opportunities Fund: Spotlight on Portfolio Managers Jay Menozzi & Boris Peresechensky
Learn MoreJSVIX posted a 1.47% return in Q2 2023 outperforming Bloomberg Aggregate Bond Index by 2.31%. Q2 outperformance is primarily attributed to lower duration of the Fund relative to the Bloomberg Aggregate (2.1 yrs vs 6.3 yrs) and its higher carry. Within the sectors, the main contributor was RMBS which comprised 40% of the portfolio and contributed 1% to portfolio return.
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