Fixed Income for Managed Accounts

Richard C. Kilbride

Rick Kilbride joined ING Investment Management’s predecessor firm Furman Selz in 2001 as head of fixed income. Upon integration into ING Investment Management he assumed responsibility for the investment grade managed account business. Previously, he spent 12 years at Merrill Lynch, most recently leading an investment team managing leveraged loans and high-yield bonds. He also was the London-based managing director of Merrill’s global institutional separate account fixed income portfolio management business. Before that, he was responsible for Merrill's initial efforts to build a U.S. institutional fixed income separate account presence, served as chief investment strategist of its captive insurance company, and was the asset-liability manager of Merrill Lynch Bank and Trust. He served on the board of directors of that bank for five years. Previously, he was a vice president in Paine Webber's institutional fixed income sales and trading business and began his career as an analyst on General Motors’ New York treasury staff. Rick holds a B.A. from Colorado College (where he has also taught) and an M.B.A. from the Amos Tuck School at Dartmouth College. He is a member of the CFA Institute and the New York Society of Security Analysts.

Karen Cronk

Karen Cronk is a Senior Portfolio Manager providing leadership in the determination of portfolio strategy and structure. She is also responsible for implementing the portfolio construction and trading strategies. Additionally, she manages the fixed income group’s analytics and modeling. Karen joined ING Investment Management’s predecessor firm in February of 1995. Previously, Karen was a senior portfolio manager at Bankers Trust with responsibility for managing short-term portfolios, focusing on the goals and guidelines of institutional accounts, including pension plans, corporate treasuries, endowments and public funds. While at Bankers Trust, Karen was a leader in the design and development of a customized client reporting system. Previously, she was the operations manager of a short-term management group at Chemical Bank. Karen is a graduate of Villanova University with a B.A. in economics, and has an M.B.A. in finance from New York University.

Jeff Boundy

Jeff Boundy is Portfolio Manager with the Fixed Income Managed Accounts team, managing the municipal bond sectors, a role he has held since 2004. The strategies include 13 state-specific strategies, 23 state preferred programs as well as a national approach. Jeff has over 31 years of experience in equity and fixed income trading and operations. Since joining ING Investment Management’ predecessor firm in 1996, he has held a variety of trading and operational responsibilities. Previously, he was with Morgan Stanley Asset Management. He received a B.B.A. from Baruch College.

Toby Tolino

Toby Tolino is a Portfolio Manager in the Fixed Income Managed Account group with trading and municipal portfolio management responsibilities. Toby joined ING Investment Management in 2000 and has experience in trading, operations and middle office management. In his prior role, Toby managed a team of Senior Portfolio Management Assistants (PMAs) supporting more than ten Portfolio Managers who ran portfolios in all asset classes. He was also responsible for ING’s outsourcing relationship for the SMA back office operations. Prior to heading Middle Office, Toby led the NY Fixed Income PMA team and has served in various other operational roles. Toby currently attends CUNY and holds the Series 7 license.

Elizabeth Allina

Elizabeth Allina is a Portfolio Specialist supporting ING’s Fixed Income Managed Accounts strategies. Elizabeth joined ING in 2007 as an Institutional Sales Specialist where she cultivated new business relationships with current and prospective corporate institutional clients. Prior to joining ING Investment Management, Elizabeth worked as an institutional equity market maker for a subsidiary of RBC Dain Rauscher. She also worked for GE Capital in the Corporate Finance (FMP) Financial Management Program. Elizabeth received her B.S. in Finance, International Business and Entrepreneurship from Indiana University’s Kelley School of Business. Elizabeth is Six Sigma Certified and holds the series 7, 63, and, 55 licenses.

David Handy, CFA

David Handy joined ING Investment Management in 2010 as a Credit Analyst for the Fixed Income Managed Accounts team. David is responsible for credit monitoring, fundamental analysis, and quantitative measurement for investment grade taxable bonds. He also performs risk analytics and portfolio modeling. Previously, David was a portfolio analyst at Citi Global Wealth Management in the Strategic Asset Allocation group and was responsible for portfolio modeling and risk analysis. David also worked at the U.S. Department of Treasury for the Troubled Asset Relief Program (TARP) and also at the Office of Economic Policy. David holds a B.A. in mathematics and economics from Kenyon College and an M.B.A in quantitative finance from New York University. He holds the Chartered Financial Analyst® designation and is a member of the CFA Institute and the New York Society of Security Analysts.