Veteran Debt Trader Melchiorre to Join JPMorgan High-Yield Team

Mark Melchiorre, founder of credit hedge fund Taurasi Capital Management LLC, is joining JPMorgan Chase & Co.

Melchiorre will be a part of the high-yield and leveraged-finance trading group at the New York-based bank, according to Jessica Francisco, a spokeswoman for JPMorgan.

Melchiorre previously worked at Credit Suisse Group AG, Bank of America Corp. and Citigroup Inc., Financial Industry Regulatory Authority records show. Before starting Taurasi Capital in 2012, he was the head of credit strategy at UBS Group AG’s asset-management unit.

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