Richard Hsu, CFA, CAIA

Perform and advise on underwriting and due diligence of prospective borrowers, as well as deal origination across the middle market and private credit universe. Leverage vast network of financial executives and venture capital founders, to both identify opportunities and help raise capital. Develop various lead generation opportunities for Sarva's Digital Advertising financing arm.

CAIA Bay Area Chapter Executive, supporting national and regional initiatives for alternative investment communities across the Bay Area region. Skilled at driving chapter strategy, expanding member engagement, and building high‑impact programming that connects asset allocators, managers, and industry innovators. Striving to make my mark with regard to collaborative leadership, operational excellence, and elevating the chapter’s visibility and influence within the global CAIA ecosystem. https://caia.org/chapter/caia-bay-area

Excelled with advanced scope and leadership within investment solutions group with over $79B in total assets management. Led two research teams of up to six staff in executing sound asset allocation decisions. Co-managed group’s $2.7B flagship mutual fund steering day-to-day management of broad global fixed-income portfolio, particularly government bonds. Functioned as credit strategist, driving final decisions across investment grade, high yield, and leveraged loans. Reported into CIO. Scope: Executive Presence, Fixed Income & Alternatives, Research & Analysis, Performance and Thought Leadership KEY IMPACT: Drove two-year performance ranking of Global Allocation Fund within peer category into 26th percentile by leading day-to-day portfolio oversight—benefiting from fixed income asset allocation and security selection. -Steered global asset allocation positioning and policy portfolios for Fixed Income and Alternatives. -Leveraged key insights, directly interfacing with CIOs and key PMs, while serving as primary liaison with fixed-income teams (e.g., FT Fixed Income, Benefit Street Partners, Western Asset, Brandywine, and Templeton Global Macro). -Architected global symposium involving CIOs and investment thought leaders. Created comprehensive content involving geopolitics, fiscal / monetary policy, macro regimes, asset allocation and investments, technology, and ESG.

Co-managed $70B Income Fund flagship fund, one of industry’s largest actively managed funds, and other related strategies totaling over $100B at peak size. Oversaw diversified loan portfolios, interfacing with Wall Street, while providing credit analysis on both new and secondary opportunities. Reported to CIO of Global Equities (prominent, well-respected industry leader). Scope: Leveraged Loan Expertise, Research Coordination, Secondary Market Trading & Relative Value Analysis KEY IMPACT: Successfully advanced secondary market trading outcomes and monitoring of pricing levels for all loan investments, while also providing relative value analysis against respective high-yield bond investment opportunities. -Expanded team’s reach within broad syndicated loan universe, as well as with Wall Street and private equity firms. -Managed sourcing and evaluation of all leveraged loan opportunities, including credit agreements and documentation. -Closely collaborated with analysts across diverse sector groups to analyze individual fund positionings, in addition to new issues and secondary opportunities across full spectrum of capital structures and leveraged finance universe. -Delivered strategic direction. Served as pivotal gatekeeper and primary contact for private credit transactions with BDCs.

Managed accountability for all mutual funds and retail investment strategies, bulk of group’s $14B AUM. Liaised internally and externally, serving as lead spokesperson and key Wall Street contact. Built rapport and key relationships with prospective clients and large shareholder base for loan strategy. Scope: Portfolio Management, Asset Gathering, Client Engagement, Communication Leadership & Presentation KEY IMPACT: Transformed asset base to over $9B in AUM funds. Thrived as well-regarded loan PM for Latin and South American regions. -Sustained historic-high AUM while gathering assets globally across U.S., Europe, South America, and Asia. -Globally led portfolio management for floating rate mutual funds—domestic, as well as offshore funds domiciled in Ireland and Luxembourg (UCITS)—leading to funds’ favorable reviews from Morningstar domestically and S&P offshore. -Early success as Deputy Group Head; Co-Portfolio Manager; Co-founder of Franklin Floating Rate Debt Group; Research Analyst. Developed and mentored analysts. Built out firm’s loan infrastructure: marketing, trading, and legal compliance. -Pivotal in pioneering some of first funds within asset class—interval, daily liquidity, and offshore funds. Expanded group’s investment coverage into sports financing.

Coursework in statistical programming, economics, organizational management, health care policies and organization, as well as at the Stanford Graduate School of Business. Advisor: W. Richard (Dick) Scott.

Rhodes Scholar Nominee Advisor: Albert Bandura; Honors Thesis Advisor: Robert Zajonc.