Archives: People

  • Gabe Crump, CFA

    Gabe Crump, CFA

    Gabe manages NISA’s Credit Research team within the Fixed Income and Derivatives Portfolio Management Group. He also conducts credit research on various industries and issuers. Prior to joining NISA in 2007, Gabe worked as a financial institution investment banker at Flagstone Securities and Stifel, Nicolaus and Company, Incorporated. He earned a BSBA in finance from…

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  • Stephen Douglass

    Stephen Douglass

    Stephen analyzes the global economy, monetary and fiscal policy, as well as interest rate markets. He is a leading voice on economic, market and portfolio matters—engaging clients directly and more broadly publishing timely chief economist updates. Stephen is regularly interviewed and quoted in financial publications, including the Wall Street Journal and the Financial Times. Prior…

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  • Pat Foley

    Pat Foley

    Pat joined NISA in 2006. He oversees the daily monitoring and management of fixed income and derivative portfolios, and special projects. Pat is authorized to trade fixed income and derivative instruments. He earned a B.A. in economics from Vanderbilt University and an A.M. in economics from Washington University in St. Louis.

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  • Pat Fuchs, CFA

    Pat Fuchs, CFA

    Pat joined NISA in 2003. He oversees the daily monitoring and management of fixed income and derivative portfolios, with an emphasis on rates trading. Pat is authorized to trade fixed income and derivative instruments. He earned a B.S. in finance from Saint Louis University.

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  • Kurt Halvorson, CFA

    Kurt Halvorson, CFA

    Kurt monitors and manages portfolios and analyzes the relative value of individual securities within the Fixed Income Portfolio Management Group. He is authorized to trade fixed income securities. Before joining NISA in 2025, Kurt was a portfolio manager at Western Asset Management Company, LLC. He earned a B.A. in business from Covenant College.

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  • Aaron Johnson, CFA

    Aaron Johnson, CFA

    Aaron provides fixed income strategy implementation and monitoring, and analyzes the relative value of individual securities within the Fixed Income and Derivatives Portfolio Management Group. He is authorized to trade fixed income securities. Prior to joining NISA, Aaron worked for Balyasny Asset Management and served as a change management consultant at Navigant Consulting. He earned…

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  • Carl Kuebler, CFA

    Carl Kuebler, CFA

    Carl joined NISA in 1996. He oversees derivatives strategies and trading operations, including daily strategy implementation and monitoring, counterparty risk management and ISDA document negotiations. Carl also oversees the Derivatives Portfolio Management Group operations within the Fixed Income and Derivatives Portfolio Management Group. He is authorized to trade derivative instruments. Carl earned a BSBA and…

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  • Ryan Leary, CFA

    Ryan Leary, CFA

    Ryan oversees model development, signal research and alpha generation processes for NISA’s quantitative equity strategies. Prior to joining NISA in 2025, he was a member of the Multi-Asset Strategies Group at the Teacher Retirement System of Texas. He was the head of research for quantitative equity efforts and served as a member of the investment…

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  • Shelby MacDoniels, CFA, CPA

    Shelby MacDoniels, CFA, CPA

    Shelby conducts corporate bond credit research and provides investment recommendations to the Fixed Income and Derivatives Portfolio Management Group. Prior to joining NISA in 2010, she worked as an auditor at Deloitte & Touche. She earned a BSBA in finance and accounting from Saint Louis University.

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  • Jennifer McCarthy, CFA

    Jennifer McCarthy, CFA

    Jennifer monitors and manages NISA’s equity portfolios. She is authorized to trade equity securities. Jennifer began her career at NISA in 1994 in the Fixed Income and Derivatives Portfolio Management Group and transitioned to the Equity Portfolio Management Group in 1999. She earned a BSBA in finance and management and an MBA from Washington University…

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