Financial Services >> CEO Interviews >> July 2, 2001
PHILIP A. BARACH is President and Chief Executive Officer of the TCW
Group. Mr. Barach is also a Group Managing Director and Chief Investment
Officer of Investment Grade Fixed Income of the TCW Group. Mr. Barach is
a member of the TCW Group's MBS Group. Mr. Barach joined TCW in 1987
after being employed by Sun Life Insurance Company, where he was Senior
Vice President and Chief of Investments. Previously, Mr. Barach served
as head of Fixed Income Investments for the State of California
Retirement System. Mr. Barach attended the Hebrew University of
Jerusalem, where he received a BA degree in International Relations and
an MBA degree in Finance. Profile
DANIEL K. OSBORNE is Executive Vice President, Chief Operating Officer
and Chief Financial Officer of the TCW Group. Mr. Osborne is also a
Managing Director of the TCW Group. Mr. Osborne joined the TCW Group in
1994 as part of the MBS Group, managing fixed income mutual funds. Prior
to joining TCW, from 1992 to 1994, Mr. Osborne was a Vice President of
ASR Investments Corporation, a publicly held REIT investing in Mortgage
Assets. At ASR, Mr. Osborne was responsible for asset/liability
management and the supervision and preparation of public reporting.
Prior to his employment with ASR, Mr. Osborne was a Certified Public
Accountant with Deloitte & Touche LLP, specializing in REITs, mortgage
securities and publicly held companies. He holds a BS degree in
Accounting from Arizona State University. Profile
TWST: Could we begin with a brief historical sketch and overview of ApexMortgage Capital?
Mr. Barach: Apex Mortgage Capital is a financial company that went
public in December 1997 as a