Dynex Capital, Inc. Welcomes New Head of Strategy and Research, Acquires Contingent Macro’s Proprietary Models and Data Library
18 September 2023 - 2:00PM
Business Wire
Dynex Capital, Inc. (NYSE: DX) announced a significant addition
to its leadership team. Terrence (“T.J.”) Connelly, a seasoned
expert in global economics, fixed-income investing, and financial
modeling has joined Dynex to spearhead its strategic initiatives
and research efforts.
With an outstanding track record in the asset management
industry, Connelly brings a wealth of knowledge and experience to
Dynex. Prior to joining Dynex, he was the Founder and Head of
Research at Contingent Macro Advisors, where he was instrumental in
developing innovative models and proprietary solutions, advising,
and managing assets for some of the largest asset managers in the
world.
In a strategic move to bolster its position as a market leader,
Dynex has also acquired the cutting-edge models and proprietary
data developed by Contingent Macro under Connelly's leadership.
These assets will play a pivotal role in leveraging evolving
technologies to enhance Dynex's capabilities and enable the company
to maintain its investment edge and industry-leading risk
management in complex global markets.
Commenting on this development, Byron L. Boston, the Company’s
Chief Executive Officer of Dynex, said, "We are thrilled to welcome
T.J. to our team. His exceptional expertise and the acquisition of
Contingent Macro's models and proprietary data represent a
significant step forward for Dynex. We are committed to delivering
outstanding results for our investors, and this strategic move
aligns perfectly with our goals."
Connelly also expressed enthusiasm about joining Dynex and the
potential for innovation, saying, "I am honored to be part of the
Dynex team, an outstanding organization committed to excellence. It
is also a joy to be reunited with Byron and Smriti, whose
leadership I’ve admired for over 25 years. With the acquisition of
Contingent Macro's assets, we have the opportunity to drive
innovation and deliver even greater value to our investors."
About Dynex Capital
Dynex Capital, Inc. is a financial services company committed to
ethical stewardship of stakeholders' capital; employing
comprehensive risk management and disciplined capital allocation to
generate dividend income and long-term total returns through the
diversified financing of real estate assets in the United States.
Dynex operates as a REIT and is internally managed to maximize
stakeholder alignment. Additional information about Dynex Capital,
Inc. is available at www.dynexcapital.com.
Forward Looking Statement
“Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding the
business of Dynex Capital, Inc. that are not historical facts are
“forward-looking statements” that involve risks and uncertainties.
For a discussion of these risks and uncertainties, which could
cause actual results to differ from those contained in the
forward-looking statements, see “Risk Factors” in the Company’s
Annual Report on Form 10-K and other reports filed with the
Securities and Exchange Commission.
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Alison Griffin 804-217-5897
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