President and Chief Investment Officer
Gulf Stream Asset Management
Mark Mahoney, President and Chief Investment Officer of Gulf Stream Asset Management, re-established the firm in March, 2019 with former team members to build a significant, tier-one U.S. credit platform. The firm has continued its growth to over $2B of AUM, including three CLOs to-date issued under the Gulf Stream Meridian name. Utilizing its highly experienced team and significant resources, Gulf Stream has created solid performance that has been widely recognized throughout the CLO investor and research communities. Previously, Mr. Mahoney founded Gulf Stream 1.0 in March 2002, which managed up to $4.7B of AUM in 12 cash flow structures prior to its sale to Apollo Global Management in 2011.Prior to Gulf Stream, Mr. Mahoney was Executive Vice President and Head of Capital Markets for Wachovia Securities. His responsibilities included Loan Syndications and Trading, Asset Securitization, Derivatives, Foreign Exchange, Fixed Income Sales and Trading, Merchant Banking, Mergers and Acquisitions, Institutional Equity Sales and Research, Soft Dollar Brokerage Business, and Private Placements. Mr. Mahoney chaired all major commitments committees for Capital Markets.
Prior to joining Wachovia, Mr. Mahoney established First Union Institutional Debt Management (“IDM”), which became the second largest CLO portfolio manager by the beginning of 2001 with over $3.5B of assets under management. IDM completed seven transactions as cash flow arbitrage vehicles, primarily involving senior loans, and continued its growth until becoming the foundation of Barings Loan Management through a sale to Mass Mutual.
Prior to founding First Union Institutional Debt Management in August 1998, Mr. Mahoney served as Head of First Union’s Investment Banking Group, responsible for the creation and management of Corporate Finance, Investment Grade Debt, Loan Syndications and Trading, High Yield, Private Finance—Debt and Equity, Mergers & Acquisitions, and Asset Securitization. Mr. Mahoney joined First Union in 1992 as Senior Vice President and Managing Director of Specialized Industries, a division of the Corporate Banking Group and served as a member of First Union’s Senior Executive Management Committee.
Mr. Mahoney graduated from The Lawrenceville School and holds a B.A. in History from Duke University, which preceded his 41 years of corporate and investment banking experience. He has served on numerous Boards including: Duke University, Green Dot Bioplastics – Chairman, Mint Museum of Charlotte, YMCA, Charlotte Arts and Science Council and Nyaka AIDS Orphans Project.