Paul Tramontano - Eagle Point Independent Director

Director

Mr. Paul E. Tramontano is an Independent Director of Eagle Point Credit Company Inc. Mr. Tramontano has served as a Senior Managing Director and Portfolio Manager at First Republic Investment Management since October 2015. Prior to joining First Republic Investment Management, he was the founder and CoChief Executive Officer at Constellation Wealth Advisors LLC for eight years and was responsible for managing Constellations East Coast operations as well as serving on both the investment and executive management committees. Prior to forming Constellation, Mr. Tramontano spent 17 years at Citi Smith Barney, most recently as a Managing Director and Senior Advisor of Citi Family Office since 2014.
Age 54
Tenure 10 years
Webhttp://www.eaglepointcreditcompany.com
Tramontano holds a B.S. from Villanova University and attended the Certified Investment Management program at the Wharton School of Business at the University of Pennsylvania.

Eagle Point Management Efficiency

The company has return on total asset (ROA) of 5.99 % which means that it generated a profit of $5.99 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on stockholder's equity (ROE) of 10.32 %, meaning that it created $10.32 on every $100 dollars invested by stockholders. Eagle Point's management efficiency ratios could be used to measure how well Eagle Point manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 176.97 M in liabilities with Debt to Equity (D/E) ratio of 56.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eagle Point Credit has a current ratio of 1.56, which is within standard range for the sector. Debt can assist Eagle Point until it has trouble settling it off, either with new capital or with free cash flow. So, Eagle Point's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eagle Point Credit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eagle to invest in growth at high rates of return. When we think about Eagle Point's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 13 records

DIRECTOR Age

Michael YatesAinsworth Game Technology
63
Peng ChengPinduoduo
N/A
Harald NeumannAinsworth Game Technology
55
Heather ScheibenstockAinsworth Game Technology
49
Charles SonstebyValvoline
67
Gerald EvansValvoline
61
Stephen MacadamValvoline
60
Mary TwinemValvoline
60
Colin HensonAinsworth Game Technology
69
Carol KruseValvoline
58
Vada ManagerValvoline
59
Sean CornettValvoline
N/A
Graeme CampbellAinsworth Game Technology
60
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. Eagle Point is traded on New York Stock Exchange in USA. Eagle Point Credit (ECCZ) is traded on New York Stock Exchange in USA and employs 9 people.

Management Performance

Eagle Point Credit Leadership Team

Elected by the shareholders, the Eagle Point's board of directors comprises two types of representatives: Eagle Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eagle. The board's role is to monitor Eagle Point's management team and ensure that shareholders' interests are well served. Eagle Point's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eagle Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Tramontano, Independent Director
Nauman Malik, Chief Compliance Officer, General Counsel
Courtney Fandrick, Deputy Chief Compliance Officer, Secretary
Scott Appleby, Independent Director
Jeffrey Weiss, Independent Director
Thomas Majewski, CEO, Director
Kenneth Onorio, CFO, Chief Compliance Officer, Secretary
James Matthews, Chairperson of the Board
Kevin McDonald, Independent Director

Eagle Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Eagle Point a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eagle Point in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eagle Point's short interest history, or implied volatility extrapolated from Eagle Point options trading.

Pair Trading with Eagle Point

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eagle Point position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eagle Point will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Dover could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dover when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dover - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dover to buy it.
The correlation of Dover is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dover moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dover moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dover can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Eagle Point Credit information on this page should be used as a complementary analysis to other Eagle Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Consideration for investing in Eagle Stock

If you are still planning to invest in Eagle Point Credit check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eagle Point's history and understand the potential risks before investing.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Global Correlations
Find global opportunities by holding instruments from different markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.