Ram Putcha
Head of US Single Name & Credit Derivatives
Ram Putcha is a Senior Managing Director and Head of the US Single Name & Credit Derivatives strategy at Napier Park Global Capital (“Napier Park”). Napier Park separated from Citigroup’s alternative investment arm, Citi Capital Advisors (“CCA”), in February 2013. Prior to joining CCA in March 2012, Ram spent close to four years as the Head of Relative Value/Credit Strategies at Citi Principal Strategies (“CPS”). At CPS, Ram ran over $500mm of trading capital in a proprietary trading portfolio that focused on relative value. In addition to credit long/short trades, the portfolio also focused on tranches, options and cross asset trades (such as equity vs. credit). Before his various roles at Citi, Ram was a Partner at Old Lane, a multi-strategy hedge fund that launched in April 2006 with over $4 billion in AUM. While at Old Lane, Ram was in charge of the firm’s credit strategies business. In this role, Ram oversaw two distinct portfolios: one that focused on loans and high yield, and another that focused on relative value trading across asset classes with an emphasis on finding mispriced opportunities in credit and equity products (including cash bonds, CDS, equities vs. credit, options and tranches). Prior to joining Old Lane at its inception, Ram worked at Morgan Stanley for over 20 years in a variety of roles, including as a market maker in corporate credit for over 15 years and as a risk manager for the investment grade corporate bond business. In the final two years of his tenure at Morgan Stanley, Ram was the head of Morgan Stanley’s proprietary credit trading and capital structure arbitrage groups. In the early part of his career in Wall Street, Ram worked at DLJ futures for two years as an interest rate analyst. He graduated in 1980 from Yale University with a MBA. His undergraduate degree was in engineering from Birla Institute of Technology, India.