Philip Mendonca is Managing Director, Senior U.S. Portfolio Manager for SLC Management and is responsible for the U.S. Total Return Fixed Income team’s structured product investments and mortgage credit strategies. Philip also co-manages the real return, short duration, core and custom LDI portfolios.
Philip joined the firm in 2003 as a Portfolio Manager for Ryan Labs, which was acquired and rebranded under the SLC Management banner in 2020. Throughout his tenure, Philip has taken roles of increasing responsibility, successfully heading the portfolio management team’s investments in levered and unlevered investments in mortgage, asset backed, collateralized loans and interest rate/inflation linked strategies. He additionally directs the team’s credit strategy as it is related to mortgages (residential and commercial) and a myriad of asset backed and CLO securities. This involves fundamental and technical analysis and is both top-down and bottom-up, requiring continuous monitoring of collateral performance and development of credit models.
Philip directed the firm’s Term Asset-Backed Securities Loan Facility (TALF) investments and continues to guide the mortgage portfolio strategy and construction as it relates to changing custom client solutions. Throughout the years, Philip has developed several yield curve pricing tools and performance indices and has been heavily involved in the development of custom client solutions in asset liability analysis, custom benchmarks creation and portfolio structuring.
Philip was an active-duty Marine for four years serving in posts throughout Asia, North Africa and the Middle East before joining SLC Management. He holds a Bachelor of Business Administration in Management Science and Operations Research from Pace University.