Rajay Bagaria is the author of High Yield Debt: An Insider's Guide to the Marketplace.
Mr. Bagaria has nearly two decades of experience in the high yield market. He currently serves as the President and Chief Investment Officer of Wasserstein Debt Opportunities Management, LP ("WDO") a credit hedge fund he established in 2013 with backing from a prominent family office.
Prior to founding WDO, Mr. Bagaria was a Partner and Investment Committee member of Apollo Investment Management ("Apollo"), the investment manager of Apollo Investment Corporation ("AIC"), a publicly traded business development company with over $3 billion of AUM. At Apollo, Mr. Bagaria invested in several asset classes including senior debt, high yield bonds, mezzanine debt and equity. Mr. Bagaria also held responsibilities related to secondary trading, investment team development, portfolio company work-outs and the development of Apollo's energy lending and aviation investment platforms. Mr. Bagaria has been a board member of several companies including LVI Services, Inc. Generation Brands and Playpower, Inc. Prior to joining Apollo, Mr. Bagaria worked as an investor for Goldman Sachs & Co.'s PIA Mezzanine Fund and as a high yield investment banker at JP Morgan & Co. Mr. Bagaria earned a BA degree at New York University with studies at the London School of Economics.
Mr. Bagaria is co-founder of The Manitou School, a private elementary school located in Cold Spring, New York. He lives in Garrison, New York with his wife and two children.