Victor Baev serves as a Managing Director on Two Harbors’ Investment Team, with primary responsibility for the investment and hedging strategy of the company’s portfolio of residential credit assets. Mr. Baev previously served on the residential mortgage-backed securities investment team at Pine River Capital Management, which is the parent company of Two Harbors’ external manager. Prior to joining Pine River in 2009, Mr. Baev was a Vice President at Credit Suisse, where he was responsible for trading Non-Agency RMBS, Agency CMOs and Whole Loans from 2004 to 2009. Prior to joining Credit Suisse, he was a Vice President at Dresdner Kleinwort in Interest Rate Derivatives from 2000 to 2002. Prior to that, Mr Baev was at Barclays in Interest Rate Derivatives and Credit Derivatives from 1997 to 1999. Mr. Baev received a B.B.A. from Baruch College and an M.B.A. from Columbia Business School.