Corcovado advises clients facing concentrated equity, liquidity events, complex portfolios, divorce, inheritance and other major financial transitions.
Joseph W. Pach spent 20 years at BNY Mellon serving major pension funds and sovereign wealth funds across portfolio management, trading, derivatives, hedging and risk.
The work required precision, judgment, accountability and an uncompromising focus on the client.
Joseph Pach has spent more than three decades across very different investment roles: options market maker, hedge fund portfolio manager, institutional portfolio manager, and trader.
Since 1993, he has managed capital through major market cycles and crises, including the Asian financial crisis, LTCM, the dot com collapse, the global financial crisis, the flash crash, and COVID, making portfolio and trading decisions in real time.
That breadth is the foundation of Corcovado: an integrated perspective across portfolio construction, trading, risk, liquidity, and implementation, disciplines that are often separated across multiple functions at larger institutions.

A single position can dominate wealth, taxes, liquidity and portfolio risk.
IPOs, business sales and other liquidity events can change the investment problem almost overnight.
Divorce, inheritance and other major transitions can require a complete reassessment of assets, liquidity and portfolio structure.
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