Matt Weinstein, partner, has been promoted to co-chief investment officer at securitized credit and commercial real estate asset manager Axonic Capital.
In this newly created role Weinstein will continue to work alongside Clay DeGiacinto, founder, managing partner and co-chief investment officer, and he will oversee investment management, trading, asset allocation and sector allocation across the firm's investment strategies, said a Jan. 12 release.
Weinstein previously held the title of head of credit.
In lieu of naming another head of credit Axonic will have the co-CIOs in place.
Axonic Capital has $4.3 billion in assets under management.