David Sherman

Mr. Sherman is the Managing Principal of Cohanzick Management, LLC and Chief Investment Officer of the firm’s $2.8 billion AUM.  Two mutual funds managed by Cohanzick and its subsidiary, CrossingBridge Advisors, are ranked 5 stars by Morningstar and additional mutual fund mutual funds ranked 4 stars.  The firm specializes in corporate credit opportunities with a focus on high yield, stressed and distressed opportunities.  

Prior to founding Cohanzick in August 1996, Mr. Sherman worked at Leucadia National Corporation for 10 years.  In 1992, Mr. Sherman became a Vice President actively involved in corporate investments and acquisitions.  In addition, Mr. Sherman was Treasurer of Leucadia’s insurance operations with $3 billion of assets.  During Mr. Sherman’s tenure, he played an active role in the insurance companies’ investment portfolio and asset/liability management.  Further, his parent company investment duties ranged from general investment analysis to opportunistic distress positions including serving on steering and creditor committees to active roles of private and public securities transactions.  Mr. Sherman began his 34-year investment career in high yield and distressed securities at Leucadia in 1987, following internships at Drexel Burnham Lambert’s High Yield and Convertible Bond department based in Los Angeles.  In 1987, Mr. Sherman graduated from Washington University with a B.S. in business administration. 

 Currently, Mr. Sherman is an adjunct professor within NYU Sterns Finance Department focused on Global Value Investing.  He also serves on the board of Writopia.  In the past, Mr. Sherman has served as member of the advisory board of Washington University’s Olin Business School Center for Finance and Accounting Research as well as the Board of Directors of Open Door Medical Centers.   

Mr. Sherman resides in New York with his wife.