Alberto Gallo (fund manager)
Alberto Gallo | |
|---|---|
| Born | 1983 |
| Occupation | Investment manager |
| Years active | 2004–present |
| Known for | Founder and Chief Investment Officer of Andromeda Capital Management |
Alberto Gallo (born 1983) serves as the Chief Investment Officer and Founder of Andromeda Capital Management.
Education
Gallo enrolled at the Scuola Navale Militare "F. Morosini" in Venice in 1997, where he was appointed chief cadet of his cohort. He completed his Economics degree at Bocconi University with cum laude honors at the age of 21, graduating two years earlier than the standard timeline.
Career
Starting his professional journey in 2004, Gallo worked at Merrill Lynch’s London office before transitioning to Bear Stearns in 2007, where he led the global credit derivatives strategy team. His group issued early warnings about imbalances within credit markets prior to the financial crisis.
In 2008, Gallo took on a strategist role within Global Investment Research at Goldman Sachs in New York. By 2011, he advanced to managing director at RBS, overseeing the global credit strategy division. From 2013 until 2016, Institutional Investor recognized Gallo’s team among the top three for Investment Grade and High Yield Strategy.
Following the 2008 financial crisis, Gallo publicly critiqued the European Central Bank’s handling of the eurozone crisis. He introduced the term "QE infinity" to describe extended quantitative easing policies that he viewed as inadequate for stimulating growth and inflation recovery. He recommended prioritizing structural reforms over a uniform quantitative easing strategy.
In 2016, Gallo joined Algebris as a partner and portfolio manager to establish the Macro Credit fund—later rebranded as Global Credit Opportunities—tailored for environments characterized by negative interest rates and ongoing quantitative easing. This fund was honored with EuroHedge’s Best Macro-Fixed Income UCITS award in 2019 and AltCredit’s Best Multi-Strategy Credit Fund accolade in 2020. Additionally, it achieved a five-star Morningstar rating in 2021. Since 2020, Citywire has featured Gallo among its ranked managers.
Gallo departed from Algebris in April 2022 to co-found Andromeda Capital Management alongside Aditya Aney.
Since 2015, he has been an active member of the European Central Bank’s Financial Stability Contact Group (FSCG).
His writings have appeared in prominent outlets such as the Financial Times, The Wall Street Journal, Bloomberg Opinion, and the World Economic Forum. Gallo also contributes as guest faculty at SDA Bocconi School of Management and is a CFA charterholder.