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Lester Coyle

Co-CIO and Head of Credit Trading

III Capital Management

Dr. Lester N. Coyle is a principal, Co-Chief Investment Officer, and Head of Credit Trading. He joined the firm in February 2005 from Commerzbank, where he was the U.S. head of credit correlation trading. Prior to that, he worked at Bank One as a single name and correlation trader on the credit desk and as a credit model builder in the quantitative group. Earlier, he was a mathematics professor at Duke University and Loyola University. Dr. Coyle holds a PhD in mathematics from the University of Michigan and a BA in mathematics from Trinity College, Dublin. He is co-author of the book Lectures in Contemporary Probability and has published numerous articles on probability and finance. He is a General Securities Principal and General Securities Representative registered with FINRA.