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Hedge Fund Rising Stars: Drew McKnight

Drew McKnight
Fortress Investment Group


Last June, when Andrew McKnight moved himself and his young family to San Francisco, he had little choice. The credit group at Fortress Investment Group, led by Peter Briger Jr. and Constantine (Dean) Dakolias, was relocating there from New York, and McKnight, now 34, was a senior member of the investment staff. A graduate of the University of Virginia, from which he received a BA in economics, McKnight joined Fortress in 2005 after working for hedge fund manager Fir Tree Partners and at ­Goldman, Sachs & Co. It was while working on ­Goldman’s distressed-­debt trading desk that McKnight became aware of Briger’s talent and decided he wanted to work for him. At Fortress, ­McKnight’s responsibilities include corporate distressed loans and bonds, and he has worked on some of the credit group’s most innovative and high-­pressure transactions. Among them was last year’s negotiated purchase of $205 million in preferred shares of Harbinger Group, the publicly traded entity owned by the now notorious hedge fund manager Philip Falcone, who is currently struggling owing to the investment of his hedge fund firm, Harbinger Capital Partners, in troubled telecommunications company LightSquared.

Hedge Fund Rising Stars
NAMEFIRM
Rick GersonFalcon Edge Capital
David Ben-UrCaxton Alternative Management LP
Atwood 'Porter' CollinsSeawolf Capital
Javier DyerPermal Group
Adam FisherCommonwealth Opportunity Capital
Grace Gu BlackRock
Jason Karp Carlson Capital
Akiva Katz Bow Street
Laurie Katz GoldenTree Asset Management
Ingrid Kiefer Canyon Partners
Simon KrinskyHall Capital Partners
Carrie Lo California State Teachers Employees Retirement System
Marina Mekhlis Rocaton Investment Advisors
Neil MessingBureau of Asset Management, New York City
Gideon Nieuwoudt Silver Creek Capital Management
Ricky Nardis UBS Alternative Investment Solutions
Vinay Nair Ada Investments
Sean MurphyGame Creek Capital
Kimberly Mounts MAP Alternative Asset Management Company
Tony WaskiewiczSisters of Mercy Health Systems
Andrew Tsai Chalkstream Capital Group
David Solomon Goldman, Sachs & Co.
Howard Shainker Bow Street
Danny Sachnowitz Texas Treasury Safekeeping Trust
Justin Press BTIG
Dean Curnutt Macro Risk Advisors
James Grossman Pennsylvania Public School Employees' Retirement System
Chris Paolino Hartford Investment Management
Mick McGuireMarcato Capital Management

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