Financial Services >> CEO Interviews >> July 2, 2001

Philip Barach – Apex Mortgage Capital Inc (axm)

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 Apex

Mortgage Capital?

Mr. Barach: Apex Mortgage Capital is a financial company that went

public in December 1997 as a