Andrew McKendrick
Managing Director

Email:

mckendricka@pfm.com

Business Specialty:

Asset Management

Office:

Philadelphia
Two Logan Square
18th & Arch Streets Suite 1600
Philadelphia, PA 19103
Phone: 215-567-6100
Fax: 215-567-4180

Andrew McKendrick, a Managing Director in PFM’s Structured Products Group based in Philadelphia, specializes in advising clients regarding the use and application of derivatives and other hedging tools with a focus on risk management, as part of PFM’s swap advisory practice. He counsels on the use and management of derivatives and the application of these tools to create and apply the most appropriate structures for each client’s overall asset/liability management needs. Mr. McKendrick works with a broad diversity of clients including general municipal, school districts, public utilities, higher education and healthcare.

Prior to joining PFM in 2003 Mr. McKendrick served as Head of Swap and Option Trading at Sovereign Bank Capital Markets and Head of European Interest Rate Trading for Nomura International in London. He traded interest rate derivatives for the First National Bank of Chicago (now JPMorgan Chase) for over 9 years, ultimately managing the Euro Swap Desk in London.

A combination of direct market experience and the understanding of the particular needs and sensitivities of public sector and not-for-profit borrowers mean that Mr. McKendrick provides complete context for borrowers using derivatives in the management of their debt and other hedging needs He received a B.A. in Economics fromKalamazoo College.