Ken Malvey

Chief Executive Officer at

Tortoise Total Return Fund LLC

61 year

33 connections

Miscellaneous

Finance

Consumer Services

Profile

Kenneth Peter Malvey is the founder of Tortoise Capital Advisors LLC, founded in 2002, where he held the title of Managing Director.
He is also the founder of TortoiseEcofin Investments LLC, founded in 2002, where he held the title of Managing Director.
Currently, Mr. Malvey is the Chief Executive Officer at Tortoise Total Return Fund LLC, a position he has held since 2009.
In his former positions, he worked as a Principal at General Electric Capital Corp.
and held Treasurer & Senior Vice President roles at Tortoise Energy Infrastructure Corp., Tortoise North American Energy Corp., CorEnergy Infrastructure Trust, Inc., Tortoise Gas & Oil Corp., Tortoise Power & Energy Infrastructure Fund, Inc., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Employers Reinsurance Corp., Fountain Capital Management LLC, Federal Deposit Insurance Corp., and Tortoise Energy Capital Corp.
Mr. Malvey obtained his undergraduate degree from Winona State University in 1987.

Ken Malvey active positions

Companies	Position	Start
Tortoise Total Return Fund LLC Tortoise Total Return Fund LLC Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust	Chief Executive Officer	21/04/2009

All active positions of Ken Malvey

Former positions of Ken Malvey

Companies	Position	End
Fountain Capital Management LLC Fountain Capital Management LLC Investment ManagersFinance Fountain Capital Management specializes in managing high yield bond portfolios focusing on the higher credit quality sectors of the High Yield bond market. They build portfolios of companies in growing industries with improving credit profiles. Fountain seeks to add value over a full market cycle by identifying more credit quality upgrades than the market and by avoiding downgrades and defaults. Fountain's Short Duration High Yield strategy invests in the BB and B rated segments of the non-investment grade market. The strategy focuses on seasoned credits with maturities of 7 years or less. Portfolio duration is typically around 2 years. Fountain invests in bonds of companies with improving fundamentals in growing industries. A top-down approach is used to identify and overweight industries with the highest and most sustainable growth prospects or to underweight or avoid industries where there is a higher risk of downgrades and defaults. Fountain uses a bottom-up approach to identify companies within favored industries that have strong free cash flow, established debt service records and asset values well above debt levels. Only bonds that are rated at least B3/B- by either Moody's or S&P are purchased. Fountain analysts perform all credit research in-house. Sales typically occur when the company experiences deterioration of credit fundamentals, management or management philosophy change, or if the security becomes overvalued. Fountains Total Return High Yield strategy invests in the non-investment grade sector of the corporate bond market. This strategy seeks to maximize total return while limiting risk by concentrating on the middle to higher credit quality sectors of the high yield universe. Only bonds that are rated at least B3/B- by either Moody's or S&P are purchased. The firm believes investing in the bonds of companies with improving credit fundamentals in growing industries allows them to experience more upgrades and fewer downgrades than the market. Over a full market cycle this strategy is designed to capture excess return with lower than market volatility. Fountain uses the same top-down sector selection process, bottom-up security selection process and sale discipline as they use in their Short Duration High Yield strategy.	Investment Committee Member	29/09/2012
Tortoise Gas & Oil Corp. Tortoise Gas & Oil Corp. Investment Trusts/Mutual FundsMiscellaneous Functions as a closed-end investment fund or Investment trust	Treasurer	-
CORENERGY INFRASTRUCTURE TRUST, INC.	Treasurer	30/11/2011
Employers Reinsurance Corp. Employers Reinsurance Corp. Multi-Line InsuranceFinance Provides reinsurance services	Corporate Officer/Principal	31/12/2001
Federal Deposit Insurance Corp. Federal Deposit Insurance Corp. Insurance Brokers/ServicesFinance Operates as an insurance agency	Corporate Officer/Principal	30/12/1995

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Linked companies

Private companies	17
General Electric Capital Corp. General Electric Capital Corp. Financial ConglomeratesFinance Provides financial services	Finance
Tortoise Energy Infrastructure Corp. Tortoise Energy Infrastructure Corp. Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust	Miscellaneous
Tortoise Capital Advisors LLC Tortoise Capital Advisors LLC Investment ManagersFinance Tortoise’s primary investment strategy is fundamentals based, long-only, with an emphasis on managing risk. The firm’s investment strategies may include short-term purchases and trading where appropriate, as indicated by their fundamental and technical analysis. They utilize a three-prong approach to portfolio construction consisting of qualitative analysis, quantitative analysis and relative value. They evaluate companies operating in the energy value chain.	Finance
Tortoise North American Energy Corp. Tortoise North American Energy Corp. Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust	Miscellaneous
CorEnergy Infrastructure Trust, Inc. CorEnergy Infrastructure Trust, Inc. Real Estate Investment TrustsFinance Operates as a real estate investment trust that invests in energy infrastructure assets	Finance
Tortoise Total Return Fund LLC Tortoise Total Return Fund LLC Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust	Miscellaneous
Tortoise Gas & Oil Corp. Tortoise Gas & Oil Corp. Investment Trusts/Mutual FundsMiscellaneous Functions as a closed-end investment fund or Investment trust	Miscellaneous
TortoiseEcofin Investments LLC TortoiseEcofin Investments LLC Financial ConglomeratesFinance Invests in energy infrastructure	Finance
Tortoise Power & Energy Infrastructure Fund Tortoise Power & Energy Infrastructure Fund Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust	Miscellaneous
Tortoise Midstream Energy Fund, Inc Tortoise Midstream Energy Fund, Inc Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust	Miscellaneous
Tortoise Pipeline & Energy Fund Inc. Tortoise Pipeline & Energy Fund Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust	Miscellaneous
Tortoise Energy Independence Fund Inc. Tortoise Energy Independence Fund Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust	Miscellaneous
Employers Reinsurance Corp. Employers Reinsurance Corp. Multi-Line InsuranceFinance Provides reinsurance services	Finance
Fountain Capital Management LLC Fountain Capital Management LLC Investment ManagersFinance Fountain Capital Management specializes in managing high yield bond portfolios focusing on the higher credit quality sectors of the High Yield bond market. They build portfolios of companies in growing industries with improving credit profiles. Fountain seeks to add value over a full market cycle by identifying more credit quality upgrades than the market and by avoiding downgrades and defaults. Fountain's Short Duration High Yield strategy invests in the BB and B rated segments of the non-investment grade market. The strategy focuses on seasoned credits with maturities of 7 years or less. Portfolio duration is typically around 2 years. Fountain invests in bonds of companies with improving fundamentals in growing industries. A top-down approach is used to identify and overweight industries with the highest and most sustainable growth prospects or to underweight or avoid industries where there is a higher risk of downgrades and defaults. Fountain uses a bottom-up approach to identify companies within favored industries that have strong free cash flow, established debt service records and asset values well above debt levels. Only bonds that are rated at least B3/B- by either Moody's or S&P are purchased. Fountain analysts perform all credit research in-house. Sales typically occur when the company experiences deterioration of credit fundamentals, management or management philosophy change, or if the security becomes overvalued. Fountains Total Return High Yield strategy invests in the non-investment grade sector of the corporate bond market. This strategy seeks to maximize total return while limiting risk by concentrating on the middle to higher credit quality sectors of the high yield universe. Only bonds that are rated at least B3/B- by either Moody's or S&P are purchased. The firm believes investing in the bonds of companies with improving credit fundamentals in growing industries allows them to experience more upgrades and fewer downgrades than the market. Over a full market cycle this strategy is designed to capture excess return with lower than market volatility. Fountain uses the same top-down sector selection process, bottom-up security selection process and sale discipline as they use in their Short Duration High Yield strategy.	Finance
Winona State University Winona State University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Federal Deposit Insurance Corp. Federal Deposit Insurance Corp. Insurance Brokers/ServicesFinance Operates as an insurance agency	Finance
Tortoise Energy Capital Corp. Tortoise Energy Capital Corp. Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust	Miscellaneous

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