Ted Barac
Portfolio Manager
Mr. Barac is the founder and managng member of Barac Capital Management, LLC. Prior to founding the company, Mr. Barac held a variety of roles in institutional securities research and investing.
Mr. Barac grew up in Austin, Texas and graduated from Trinity University (San Antonio, Texas) in 1989, with a Bachelor of Science degree in Business Administration. Mr. Barac subsequently received a Master of Business Administration degree from Southern Methodist University (Dallas, Texas), in 1998, where he was a Dean’s Scholarship recipient. During his graduate studies, Mr. Barac’s broad-based business studies included a focus on international business which included an internship with Bank Boston’s media and telecommunications lending group in Buenos Aires, Argentina and an international exchange semester at the E.S.A.D.E. Business School in Barcelona, Spain.
Following his graduate studies, Mr. Barac went to work for Moody’s Investors Services in New York, New York in 1998 and transferred to their London, England offices in 1999. At Moody’s, Mr. Barac became a Senior Credit Officer/Vice-President and lead analyst with responsibility for the credit ratings of a high-profile portoflio of leveraged finance companies (portfolio at times exceeding $30 billion in debt instruments). As an expert in corporate bond analysis, Mr. Barac was also a regular speaker for Moody’s and was quoted in the Wall Street Journal Europe, Financial Times, New York Times, Bloomberg News, and The Times of London, amongst other publications.
From 2005 to 2007, Mr. Barac worked at Schroders Investment Management, an investment management firm with assets under management in excess of $200 billion, headquartered in London, England. At Schroder’s, Mr. Barac was a high-yield corporate bond analyst responsible for identifying profitable investment ideas from within a portfolio of European issuers. Mr. Barac’s work at Schroder’s earned him selection for the company’s elite merit-based Business Leadership Program.
Mr. Barac continued his work in corporate securities analysis with the global investment bank Barclays Capital (also in London, England) where he worked as a Director in their Principal Strategies Group from 2007 to 2008. At Barclays, Mr. Barac was responsible for investing a portion of Barclay’s capital through a combination of bonds, stocks, and fixed-income derivatives (credit default swaps).
Following his return from London to Austin, Texas in 2008, Mr. Barac founded, established, and now actively manages Barac Capital Management, LLC. The multi-asset Barac Value Fund, L.P. was launched in 2011 and Barac Capital began offering customized separately-managed accounts in 2017.