CHICAGO, May 7, 2013 /PRNewswire/ -- Ethan Youderian, a 15+ year veteran of the alternative investment industry, joined Performance Trust Investment Advisors, LLC (PTIA) as its Chief Investment Officer, the company announced today.

Youderian will be responsible for the management of PTIA's investment activities and risk oversight, along with new investment product and strategy development. PTIA currently manages over $980 million in net assets as of March 31, 2013.

Youderian began his financial services career in 1994 with Chicago-based Citadel Investment Group, LLC. During his tenure at Citadel, he became a Managing Director and Senior Portfolio Manager responsible for the firm's multibillion-dollar North American convertible bond portfolio. In 2005, he joined a Chicago startup company as Executive Vice President, and eventually became a member of its Board of Directors. Since 2009, Youderian was a Portfolio Manager/Strategist for a Lake Forest, IL-based proprietary trading firm where he ran complex strategies employing corporate bonds, swaps, derivatives, currencies, equities and Treasuries. Since 2006, Ethan has also served as a volunteer advisor to the $700 million Jewish Federation of Metropolitan Chicago endowment fund.

Youderian holds an MBA from the University of Chicago Booth School of Business and a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania.

Doug Rothschild, President at PTIA said, "We are thrilled to add someone of Ethan's pedigree and experience to our team at PTIA. Ethan brings a vast amount of credit investing expertise that will certainly leverage and extend our existing fixed income capabilities."

ABOUT PERFORMANCE TRUST INVESTMENT ADVISORS
Performance Trust Investment Advisors, LLC is a rapidly growing, Chicago-based alternative investment firm specializing in the credit and fixed income markets. PTIA attempts to generate low correlation returns by operating in complex markets where we can monetize pricing inefficiencies. PTIA manages approximately $980 million (net assets as of March 31, 2013) of institutional and individual assets across multiple pooled investment vehicles, mutual funds, and separately managed accounts.

For more information, go to www.PTIA.com.

SOURCE Performance Trust Investment Advisors, LLC