Securitized Products Research and Strategy__OLD

Academy’s Securitized Products Research and Strategy is led by Stav Gaon, Ph.D. The research and data analytics department aims to provide unique research insights across securitized products, and serve as a trusted advisor to Academy’s institutional clients. Academy data-driven securitized research flagship publications are widely considered by the market as thought provoking, routinely highlighting “under the radar” value and opportunities. The department specializes in bottom-up deep fundamental analysis, collateral-specific underwriting, and structural, legal, and valuation nuances of structured finance investing.

Recent Pieces

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Dr. Gaon draws on 20+ years of experience in securitization research. He joined Academy in early 2022 after a 16-year career at Citigroup where he worked as Co-Head of Global Securitized Products’ CMBS and CRE Strategy. Throughout his career he cultivated deep relationships with institutional investors and market participants across the industry. Dr. Gaon and his team ranked #1 or Top-3 CMBS research team in 2017-2021 in the Institutional Investor All-America Fixed-Income Research Survey. Dr. Gaon holds a PhD in Finance and Economics from Columbia Business School where his academic research focused on securitization and structured finance. Dr. Gaon also holds a BA in Economics and Business from the Hebrew University and an LL.B. from the Faculty of Law.