David P. Wells, CFA

Managing Director and Chief Investment Officer

David is Apex’s Chief Investment Officer and is a member of the Investment Committee.  He has been involved with Apex or its predecessor since 2004.  Prior to joining Apex in 2015, David was a senior portfolio manager of CLOs in the U.S. High Yield Investments Group at Babson Capital Management LLC (now Barings LLC), which he joined in 2002.  At Babson Capital he helped found Apex’s parent, Jefferies Finance LLC.  David has more than 25 years of experience in high yield research and capital markets.  Prior to joining Babson, he was employed by Lehman Brothers, Inc., SG Cowen Securities Corporation, and Bear Stearns & Co., Inc. as a senior fixed income analyst responsible for investment recommendations of high yield bonds and leveraged loans.  Previous experience includes Fitch Investors Service and Merrill Lynch Capital Markets.  He began his career in the management training program at Manufacturers Hanover Trust Company.  David holds a B.S. from New York University College of Business and Public Administration and an M.B.A. from Columbia University Graduate School of Business.  He has been voted to Institutional Investor magazine’s All-American Fixed-Income Research Team.

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