Waterfall Asset Management, a global alternative investment manager, has promoted Patrick Lo and Brian Rebello to co-chief investment officers.

Lo is a partner at Waterfall with over 17 years of industry experience. Prior to joining Waterfall in 2006, he worked as an analyst at Citigroup Global Markets, focusing on origination, structuring and financing of various asset classes of ABS.

Rebello is a partner at Waterfall with over 22 years of industry experience. Prior to joining Waterfall in 2010, Rebello was a portfolio manager at Aberdeen Asset Management. Before that, he was a vice president and senior credit analyst at Deutsche Asset Management.

“Patrick and Brian have played key roles in Waterfall’s investment efforts and overall evolution since each joined the Firm in its early days,” says Tom Capasse, founder and managing partner of Waterfall. “They are both capable investors and leaders with highly complementary skills and backgrounds who exemplify the collaboration, intellectual rigor, and commitment to delivering for clients that underpins our organization.