Fixed income specialist Coherence Capital names senior portfolio manager

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Coherence Capital Partners, a New York-based asset manager and advisory firm focused on the fixed income markets, has hired Michael Cannon as a senior portfolio manager and partner. Previously, he spent 16 years at UBS Investment Bank, most recently as managing director and co-head of investment grade credit trading.
Coherence Capital Partners, launched in February 2012 as a management buyout from Jefferson National's core insurance unit, currently has more than $250 million under management.

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