Bond trader, Barbosa, tees it at Crump Cup
29 Sep 2011
By Erik Matuszewski
PINE VALLEY, NJ (Sept. 29, 2011) -- Michael Barbosa competed in the U.S. Open in June and will play in a tournament at Pine Valley Golf Club, the top-ranked course in the world, this weekend. In between, he’s been trading mortgage bonds for Peraza Capital.
Barbosa, 28, is among 120 amateurs beginning competition today at the 87th Crump Cup, a match-play event held at the private club in Clementon, New Jersey. Pine Valley is ranked as the best course in the world by Golf Magazine, has Hall of Fame golfer Jack Nicklaus, former president George H.W. Bush and Sandler O’Neill & Partners LP senior managing principal James Dunne among its members.
Barbosa, who has spent the past year as a sales trader specializing in mortgage-backed securities at Peraza, of St. Petersburg, Florida, said the sport is helping his career in finance