• Home
  • Firm Overview

Firm Overview

Experienced Management

Don Brownstein founded SPM in 1997, and the Firm has been investing for 20 years.  The 11 member investment team has decades of combined experience in MBS and other credit markets, and the senior portfolio management team has been working together at SPM for nearly 15 years.

Established Track Record

Our investment strategies are designed to provide low volatility and low correlation to other investment strategies and major market indices, while providing long-term capital appreciation.  SPM has an established track record of producing favorable risk-adjusted returns.

Prudent Risk Management

SPM adheres to established risk parameters including low leverage, strong cash reserves, diversified counterparty exposure, independent pricing, and a diverse pool of assets.