Holbrook Holdings Expands Team with Dan Toomey's Expertise

Holbrook Holdings Welcomes Dan Toomey to the Team

Holbrook Holdings is proud to announce the appointment of Dan Toomey, an accomplished investment professional, who will join the company to manage the acclaimed Holbrook Income Fund (HOBIX). This fund has garnered a distinguished 5-Star rating, thanks in part to the efforts of Scott Carmack and Ethan Lai, who will continue their integral roles in managing it alongside Toomey. Excitingly, both Toomey and Lai are set to spearhead the launch of a novel core-plus strategy anticipated for 2025.

Dan Toomey's Impressive Background

Before his association with Holbrook Holdings, Toomey served as a Senior Trader at the multi-strategy hedge fund Millennium Management. His experience in the investment world is considerable; prior to Millennium, he demonstrated his prowess as a Senior Portfolio Manager at the Tennessee Consolidated Retirement System (TCRS). In this capacity, Toomey was tasked with managing approximately $4 billion in fixed income securities, achieving recognition as the #1 Corporate Bond portfolio manager among U.S. pension funds with over $10 billion in assets during his eight-year tenure.

Impact on Holbrook Holdings

In expressing enthusiasm about Dan joining the team, Scott Carmack, Founder and CEO of Holbrook, stated, "We are excited to have Dan on the team. Our employees are the most important ingredient for our future success. Dan brings with him an excellent track record in corporate credit. Pairing his expertise with Ethan Lai, who I think is the best Structured Credit manager on Wall Street, and our timely macro-economic calls, I believe the investment world will have no choice but to take notice." This reflects a strong belief that Toomey’s skills and experience will significantly contribute to Holbrook's investment strategies.

Holbrook Holdings and Its Investment Products

Holbrook Holdings serves as the advisor to two prominent mutual funds: the Holbrook Income Fund (HOBIX) and the Holbrook Structured Income Fund (HOSIX). As of now, the firm boasts an impressive Asset Under Management (AUM), exceeding $2.2 billion. The Holbrook Income Fund, known for its consistent performance, has been rated 5-Stars by Morningstar and recently earned the title of Best Flexible Income Manager for both 3-year and 5-year periods. The Holbrook Structured Income Fund is poised to establish its 3-year track record in May 2025, laying the groundwork for its future achievements.

Conclusion

The addition of Dan Toomey to the Holbrook Holdings team marks a significant step toward reinforcing the company's investment strength. His extensive experience, coupled with the robust infrastructure already in place, promises to deliver even greater results for investors. Holbrook Holdings is poised for an exciting phase ahead, brilliantly blending established expertise with fresh vision.

Frequently Asked Questions

Who is Dan Toomey?

Dan Toomey is an experienced investment professional who recently joined Holbrook Holdings to manage the Holbrook Income Fund.

What is the Holbrook Income Fund?

The Holbrook Income Fund (HOBIX) is a mutual fund that focuses on delivering income and has garnered a 5-Star rating from Morningstar.

What experience does Dan Toomey have?

Toomey has significant experience as a Senior Trader at Millennium Management and as a Senior Portfolio Manager at TCRS, managing billions in fixed income securities.

Why is Dan Toomey's appointment significant?

His appointment is seen as a boost to Holbrook Holdings' investment management capabilities and a pathway to developing new strategies.

What are Holbrook Holdings’ other funds?

In addition to HOBIX, Holbrook Holdings also manages the Holbrook Structured Income Fund (HOSIX), which is expected to establish its track record in May 2025.

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