Matt Dalton

Matthew Dalton is the Founder, Chairman & President of Belle Haven Investments.

Matt began his fixed income career in 1985 after leaving the family farm in central Indiana to join Shearson Lehman Brothers in Chicago. There, he rose to Senior Vice President of the Municipal Trading and Sales Department. In 1994, he was recruited to Rodman & Renshaw to lead its Municipal Bond Department before joining Belle Haven in 1996.

Drawing on his extensive experience in the institutional municipal bond market, Matt played a key role in Belle Haven's evolution from a traditional broker-dealer into an asset management firm in 2001. Matt is responsible for shaping the firm's investment philosophy, establishing its disciplined investment process, expanding its fixed income capabilities, and fostering a culture centered on client service, stewardship, and enduring relationships.

Belle Haven's investment strategies have earned numerous industry accolades, including recognition from Lipper and PSN Top Guns. Matt's commentary and market insights have been featured in publications including The Wall Street Journal, Debtwire, Reuters, The Bond Buyer, and Bloomberg News.

Matt resides in Katonah, New York, with his family.

Laura Chapman

Laura Chapman is the Chief Executive Officer of Belle Haven Investments. As CEO, Laura leads the firm's strategic direction and ensures Belle Haven remains focused on delivering exceptional client outcomes while preserving the values that have defined the firm since its inception. Since joining in 2008, she has worked alongside Founder, Chairman & President, Matt Dalton, to shape the culture, strategy, and long-term vision that underpin that mission.

Over her tenure, Laura has played a pivotal role in Belle Haven's evolution, helping transform the firm into a nationally recognized fixed income asset manager. Her experience spans every dimension of the organization, including strategy, client relations, compliance, legal, finance, operations, technology, and talent development. In 2013, she became the first woman named Partner at Belle Haven, reflecting both her contributions to the firm's success and her commitment to advancing leadership within the industry.

Known for a collaborative style, Laura has helped build a culture centered on integrity, accountability, innovation, and client service. Under her leadership, Belle Haven has earned recognition as one of Pensions & Investments' Best Places to Work in Money Management for seven consecutive years, and as an Inclusive Workplace by Best Companies Group and COLOR Magazine for three consecutive years.

Laura is deeply committed to supporting and mentoring the next generation of leaders in financial services. She is actively involved with the Young President’s Organization (YPO) women’s Athena and Greenwich, CT chapter and is a member of the Tidal River Fund, an investment group dedicated to supporting early-stage, women-led businesses. She is also a mentor and advocate for initiatives that promote women’s leadership in wealth management, and strategic philanthropy.

Laura graduated from the University of Tennessee, where she received the Undergraduate Research and Creative Achievement Award. Outside of work, she enjoys fitness, skiing, golf, gardening, and cooking, and supports organizations dedicated to empowering women, combating human trafficking, and advocating for abused and neglected children.

Melissa Chaffee

Michael Menna

Michael Menna joined Belle Haven in 2020 as the Firm’s Controller and was promoted to CFO in 2023. 

Michael began his career in public accounting where he worked for four years as an auditor. Prior to arriving at Belle Haven, he spent eight years at King Street Capital Management, LP as the Assistant Controller of the Management Company group.

Michael attended Muhlenberg College in Allentown, Pennsylvania where he received a Bachelor of Arts in Accounting and Economics and is a licensed CPA in the state of New York.

Armen Manukian

Armen joined Belle Haven in 2022 and was named Chief Technology Officer in 2023. Armen has over 26 years of application development and systems programming experience of which over 18 years in financial services.

Prior to joining Belle Haven Investments, Armen was an Executive Director at CIFC Asset Management LLC supporting Front Office system. As a Senior Software Engineer at Anchorage Capital Group LLC Armen managed CLO/CBO Compliance platform. While working for BNY Mellon Government Securities, Armen led Application Development team responsible for building Government Securities Clearance platform. Prior to that Armen was a Senior Developer, Vice President at Vertical Capital LLC where he worked on firm’s proprietary RMBS Surveillance, Trading, Analytics and Risk platform. His prior experience includes working at Nomura where he lead development team responsible for design and development of their Global Risk Management System.

Armen holds a B.S. degree in Computer Science from New Jersey Institute of Technology and studied Biomedical Engineering while at Novgorod State University, Russia.

Armen resides in New Jersey with his wife and their three daughters.

Matt Thomas

Matt Thomas joined Belle Haven Investments in 2012 and became a Partner in 2022. In 2026, he was named Co-Chief Investment Officer. As the firm's lead taxable portfolio manager, Matt oversees strategy and portfolio management across taxable municipal bonds and investment-grade corporate credit, with a focus on delivering consistent, research-driven results.

As Co-Chief Investment Officer, Matt helps lead the firm's investment strategy, portfolio construction framework, and strategic positioning across fixed income markets. He works closely with the investment team to identify relative value opportunities, manage risk, and deliver consistent outcomes for clients. Matt is particularly known for his expertise in taxable municipals and investment-grade corporate credit, and for building portfolios designed to perform through full market cycles.

Prior to his current role, Matt ran the firm’s proprietary bond offering system, gaining deep expertise in liquidity, trade execution, and pricing dynamics, insights that continue to shape his investment approach today. Before joining Belle Haven, he traded equities at Trillium Management in New York. Matt holds a degree from the Kogod School of Business at American University.

Matt resides in New York, New York.

Max Christiana

Max Christiana joined Belle Haven Investments in 2016 as an associate and spent several years as a trader before being promoted to Portfolio Manager. He was named a Partner in 2023 and Co-Chief Investment Officer in 2026.

As Co-Chief Investment Officer, Max helps lead the firm's investment strategy, portfolio construction framework, and risk management process. Working closely with the investment team, he contributes to the development of macroeconomic views, relative value positioning, and portfolio strategy across Belle Haven's fixed income offerings, while helping ensure consistency in the firm's disciplined investment approach.

Max's investment perspective is rooted in his extensive trading experience and deep understanding of the municipal bond market. He played a key role in managing the firm's proprietary bond offering system, Hydra, where he developed expertise in trading, valuation, liquidity analysis, and market dynamics. This foundation provides him with a unique perspective on security selection and portfolio construction, helping identify opportunities across changing market environments.

Max’s previous experience includes trading for the Global Markets division of Citizens Bank. Mr. Christiana is a graduate of Boston College with a Bachelor’s degree in Finance, where he was a four-year starter on their varsity golf team. He was also a four-time member of the ACC Academic Honor Roll.

Max resides in New York, New York.

Dora Lee

Nicole Robbins

Nicole Robbins is the Director of Marketing at Belle Haven Investments. She joined Belle Haven in 2011 and was named a Partner in 2018. She is responsible for setting the Firm’s marketing initiatives including brand management and communications, marketing material design, digital marketing and social media, content management, among other areas of focus. Prior to becoming the Director of Marketing in 2022, Nicole was the Head of Investor Relations Team where she oversaw all ongoing client relations.

Ms. Robbins graduated from the University of Rhode Island with a Bachelor of Science in Business Administration with a major in finance.

Nicole resides in New York, New York with her husband and son.

Stan Sattler

Stan Sattler is the Head of Advisory Solutions at Belle Haven Investments. He joined Belle Haven in 2016 and was named a Partner in 2023. Stan is responsible for operating as a liaison between the Investment Team and Belle Haven’s strategic partners. When not traveling to meet our partners, Stan sits directly with the Investment Team on the trading desk. 

His primary duties consist of business development through supporting Advisors and Consultants across the country.

Stan has been in the industry since 2008 and his previous experience includes roles in wealth management, trading and business development across a variety of asset classes. 

Stan is motivated by learning about clients’ needs and wants in order help ensure that their investments are receiving the attention they deserve. When he is not working, Stan enjoys exploring new places, trying new food, live music, golf, beach activities, and giving back to important causes. Originally from central New Jersey, Stan graduated from University of Connecticut’s Business School in Stamford, Connecticut. 

He currently resides in Norwalk, Connecticut with his wife. 

Lincoln James

Lincoln James joined Belle Haven in 2023 as a Portfolio Manager and Trader. He is a 15-year veteran of the municipal bond industry, having worked at Hutchison Shockey Erley & Co. and Huntington Capital Markets, where he specialized in competitive and negotiated underwriting and trading. Lincoln also worked at Loop Capital Markets as a competitive underwriter.

Having gained expertise in trading and underwriting, Lincoln has developed a keen understanding of the fixed income markets. A longstanding trading counterparty of Belle Haven, Lincoln is thrilled to be in a place to add incremental value in portfolio management and secondary trading.

Lincoln holds a BA from St Olaf College in Math and Economics and a MS from DePaul University in Applied Math.

Gage Benoit

Gage Benoit is a Portfolio Manager at Belle Haven Investments, where he is responsible for portfolio construction, risk management, trading coordination, and investment strategy execution alongside the broader Investment Team. He originally joined the firm as an intern in 2017 and became a full-time employee in 2019, previously supporting the firm's investment strategies as an Assistant Portfolio Manager before stepping into his current role as Portfolio Manager in 2026.

Mr. Benoit graduated from the University of Connecticut with a bachelor's degree in financial management.

Gage currently resides in Stamford, Connecticut.

Kevin Beneventine

Kevin Beneventine is an Assistant Portfolio Manager at Belle Haven Investments, a role he stepped into in 2026. He focuses on the firm's taxable strategies and is responsible for supporting portfolio management, investment research, risk oversight, and client communications. Kevin originally joined the firm in 2021 in a trading operations role before transitioning to the Investment Team as a Portfolio Analyst.

Kevin graduated from Seton Hall University with a Bachelor's degree in Economics. During his time at Seton Hall, he interned at a publication firm as the Business and Markets writer.

Kevin currently resides in Northern New Jersey.

Anthony Nogueira

Anthony Nogueira joined Belle Haven in 2023 and serves on the Investment Team as a Portfolio Analyst. In Anthony's previous role as an investment analyst, he crafted investment proposal packages for clients, carefully factoring in performance metrics, minimizing tax implications, and effectively managing investment risk. 

Mr. Nogueira is a second-generation American that graduated top of his class with a Master's in Business Administration (MBA) from Montclair State University. Mr. Nogueira also has a Bachelor's degree in Business Administration with a concentration in Finance.

Anthony currently resides in Belleville, New Jersey. 

Michael Luong

Michael Luong serves on the Research Team at Belle Haven Investments, covering taxable corporate issuers. He joined the firm in 2018.

Prior to joining Belle Haven, Michael was an investment analyst in the Fixed Income Group at The Vanguard Group covering multiple sectors across financials, industrials, and utilities for the active and passive bond funds since 2008.

Michael graduated from Drexel University where he received his Bachelors degree in Finance.

Duwayne Walker

Duwayne Walker serves on the Research Team at Belle Haven Investments as a senior research analyst. He joined Belle Haven in October 2021.

Duwayne started his career in 2004 at the New York City Comptroller’s Office in the Bureau of Debt Management as a quantitative analyst. In 2011, after graduating from business school he joined Raymond James Financial (formerly Morgan Keegan) as a municipal market desk analyst covering G.O.s and revenue bonds. Most recently since 2016, Duwayne has worked as a senior analyst/portfolio manager at Federated Hermes (formerly Federated Investors) covering various high yield municipal market sectors and issuers, including senior living, charters schools, speculative/high profile G.O.s and Industrial Development Revenues credits.

Duwayne is a graduate of Hofstra University where he earned a Bachelor’s degree in Business as well as the Samuel Curtis Johnson Graduate School of Management at Cornell University, where he earned his MBA.

James Lyman

James Lyman serves on the Research Team at Belle Haven Investments as a Senior Research Analyst. He joined Belle Haven in April 2023.

During Jim’s career he has had a wide-variety of experiences ranging from ratings agencies, sell-side and buy-side firms and has worked as an analyst and portfolio manager in both municipal and corporate debt. Most recently, Jim was at Neuberger Berman where he covered a wide variety of traditional municipal sectors with a specialty in project finance and senior living facilities. In addition to his investment roles, Jim has participated in the publishing of two books on fixed income investing.

When not at work, Jim is a competitive track cyclist as well as a USA Cycling Official. Jim is a graduate of New York University where he earned a BA with a major in Economics and minor in Politics.

Jim resides in Douglaston, New York.

Ryan Ciavarelli, CFA

Ryan Ciavarelli serves on the Research Team at Belle Haven Investments as a Senior Research Analyst. He brings a diverse background spanning multiple research sectors and roles, offering a unique perspective on the municipal bond market. He rejoined Belle Haven in 2025.

Ryan started his career in 2005 at Delaware Investments, which later became Macquarie Asset Management. He started in the institutional sales department before transitioning to the municipal bond team in 2010 as a trader. In 2015, he moved into the research group, where he covered a wide range of sectors including G.O.s, revenue bonds, healthcare, higher education and senior living. He developed insights into both high-grade and high-yield issuers while navigating a variety of economic conditions. Ryan first joined Belle Haven in 2020 as a generalist on the Research Team. In 2023, he left to lead credit analytics on the trading desk at Morgan Stanley before returning in 2025.

He is actively involved in mentorship programs at Villanova University and with the National Federation of Municipal Analysts, where he serves as Co-Chair of the New Member Advancement Committee.

Ryan holds a bachelor’s degree in marketing from Arizona State University and an MBA from Villanova University. He is a CFA Charterholder and was a member of the Chartered Alternative Investment Analyst association through May 2025. 

Andres Falcon Gimenez

Andres Falcon Gimenez joined Belle Haven in 2023 and is currently an Associate Analyst on the Credit Research team. Prior to transitioning into his current role, Andres served on the Trading Operations team and previously interned at Belle Haven, supporting both the sales and investment teams.

Andres graduated from Villanova University School of Business where he double majored in Finance and International Business.

Andres currently resides in Old Greenwich, Connecticut.

David Johnston

David Johnston serves on the Investment Team at Belle Haven and is involved with fixed income trading as well as investment research.  His background in Institutional Sales gives him a unique position to cover primary issuance for the firm.

Beginning his career in 1986 with Glickenhaus & Co, he worked on the Special Situations, Sinking Funds and the Institutional Sales desks. In 1994, David joined Belle Haven in the Institutional Sales Department, prior to the firm’s current structure as an Asset Manager.  In 2006, he went to Oppenheimer as a Senior Director before rejoining Belle Haven in 2015.

Mr. Johnston is a graduate of Brown University with a Bachelor’s degree in Economics.

David resides in Cross River, New York with his wife, Heidi, and their two sons.

Dan O’ Brien

Dan O'Brien is Senior Vice President and the Head of Institutional Development and Consultant Relations at Belle Haven Investments. He has been working in the financial services industry for over 30 years, in positions covering all channels of the retail and Institutional marketplace.

Dan's experience includes working in Fixed Income, Equities and Alternative Investments. He began his career at Lehman Brothers in 1989. He went on to serve as a Managing Director in the Private Wealth Group at John Hancock, a key member of the Alternative Strategies Group at Wells Fargo, and as a Senior Vice President at Nuveen Investments.  

Mr. O'Brien resides in Pound Ridge, New York with his wife, Laura.

Scott Tallman

Mason Durand

Mason joined Belle Haven in 2018 as part of the Advisory Solutions Team. Mason is responsible for marketing initiatives and fostering new relationships. 

His previous experience includes a wholesaling role with Legg Mason, partnering with financial advisors in the L.A. Metro area.  He was responsible for the management of relationships in this territory, and specialized in the sale of mutual funds, ETF’s, and separately managed accounts.

Originally from Upstate NY, Mason earned a bachelor’s degree from The State University of NY at Oswego, in Oswego NY.

Mason currently resides in Ridgefield, Connecticut, with his wife and two daughters. 

Ross Ingber

Brandon Rook

Brandon Rook joined Belle Haven in 2021 as a member of the Advisory Solutions Team. In 2026, he was promoted to Operations Manager for the team. In this role, Brandon partners closely with the firm’s sales professionals to support business development and client engagement efforts. He helps coordinate strategic outreach, manages key internal processes, and ensures advisors are equipped with the resources and information needed to effectively present Belle Haven’s strategies.

Brandon graduated from Syracuse University, where he earned his bachelor’s degree in both Finance and Real Estate. Prior to joining Belle Haven, Brandon interned as an analyst at a boutique investment firm which focused on private equity, venture capital, and real estate.

Brandon currently resides in New York, New York.

Henry Holzinger

Henry Holzinger joined Belle Haven in 2025 as an Associate on the Advisory Solutions Team. In Henry’s previous role as a financial advisor, he managed client relationships, conducted financial analyses, and created account projections.

Henry graduated from Boston College, majoring in Political Science with a minor in Finance. Originally from Fairfield County, Connecticut, he enjoys playing basketball and golf in his free time.

Henry currently resides in New York, New York.

Summer Chang

Summer Chang joined Belle Haven in 2025 as the Head of Investor Relations.

Summer brings over 20 years of experience in the financial services industry, having spent the majority of her career at Lord Abbett. Throughout her tenure, she held a variety of roles across Sales, Relationship Management, and Client Services, supporting both retail and institutional channels. Most recently, her focus centered on leading Client Experience teams - delivering high-impact, tailored solutions that addressed the distinct needs of institutional clients and deepening relationships through engagement, strategic insights, intellectual capital, and customization.

Summer earned her bachelor’s degree in finance from St. Thomas Aquinas College.

Summer currently resides in New City, NY with her husband, KJ and son, Jackson. Outside of work, she enjoys fitness, tennis, traveling, and watching her son play baseball.

Amanda Tronni

Frank Schiavone

Frank Schiavone joined Belle Haven in 2021 as a member of the Advisory Solutions Team. In 2023, he joined the Investor Relations Team.

Prior to joining Belle Haven, Frank’s previous experience includes working in Accounting for a Private Equity Fund Administrator.

Frank graduated from St. Thomas Aquinas College in Sparkill, NY where he earned a Bachelor’s degree in Accounting as well as an MBA with a Concentration in Finance. While at STAC he was the Captain of both the Winter and Spring Track and Field teams.

Frank currently resides in Nanuet, New York.

Joe Spor

Joe Spor joined Belle Haven as an Associate on the Investor Relations team in 2023.

Prior to joining Belle Haven, Joe was a Field Service Specialist with Morgan Stanley. He is a graduate of Ithaca College, where he was a proud member of the Bombers football team for four years.

Joe is a Westchester native who currently resides in New York, New York.

Meghan McCarthy

Meghan McCarthy joined Belle Haven as an Associate on the Investor Relations Team in 2025.

Meghan is a recent graduate from Yale University, where she was a member of the lacrosse team.

Meghan currently resides in New York, New York.

Sasha Davis

Sasha Davis is the Head of Portfolio Operations at Belle Haven Investments, where she oversees portfolio operations, data strategy, technology integration, and performance reporting across a multi-strategy fixed-income platform. She works closely with portfolio management, technology, compliance, and external data providers to build scalable operating frameworks that support both institutional rigor and highly customized client outcomes.

Sasha focuses on translating complex investment activity into transparent, accurate, and client-specific reporting while maintaining strong controls, automation, and governance.

Prior to joining Belle Haven, Sasha spent six years as an assistant trader at Sankaty Capital in Rowayton, CT.

A native of Omsk Russia, Sasha completed her Bachelor’s and Master’s degrees in Industrial Engineering at Omsk State Technical University.

She currently resides in Greenwich, Connecticut with her husband, Christian, and their two sons.

Steven Cheng

Steven Cheng serves on the Investment Team at Belle Haven Investments.  He is responsible for performing daily performance and reconciliation reports for all client portfolios.

Prior to joining Belle Haven, Steven’s previous experience was based in transportation leasing services.

Mr. Cheng is a graduate from LaSalle University with a Bachelor of Science in Management Information Systems and Finance.

Steven resides in Rye, New York with his wife, Tracy, and their son. 

Michael Haut

Michael Haut joined Belle Haven in 2019 and is responsible for trading operations.

Prior to joining Belle Haven, Michael held various positions at HSBC within Foreign Exchange and Equity Derivatives.

Originally from Long Island, New York, Michael is an avid sports fan and roots for the Jets, Mets and Knicks. He is a graduate of Syracuse University where he majored in Finance.

Michael currently resides in New York, New York with his wife. 

Michael Altobelli

Michael Altobelli joined Belle Haven in 2025 as an Associate on the Trading Operations Team.

Michael graduated from the University of Connecticut with a degree in Finance and a minor in Data Analytics. Prior to joining Belle Haven, Michael worked as a Financial Analyst at Flagstar Bank and previously interned at Fidelity Investments where he supported corporate budgeting and forecasting initiatives. He has experience using SQL, Microsoft VBA, Python, and PowerBi.

Michael currently resides in New Fairfield, Connecticut.

Ian Spencer

Ian Spencer joined Belle Haven in 2025 as an Associate on the Trading Operations Team.

Ian graduated from Clemson University with a degree in Business Management and a minor in Finance. Prior to joining Belle Haven, Ian interned at Fortress Investment Group where he supported the Private Equity team in evaluating potential investment opportunities through market research and financial modeling.

Ian currently resides in New Canaan, Connecticut.

Reed Thompson

Reed Thompson joined Belle Haven in 2025 as an Associate on the Trading Operations Team.

Reed graduated from Muhlenberg College where he double majored in Finance and Business Administration. Prior to joining Belle Haven, Reed interned at Timber Point Capital Management, contributing to market research initiatives and supporting the development of investor presentations.

Reed currently resides in Yorktown Heights, New York.

Chris Chafizadeh

Chris Chafizadeh joined Belle Haven in 2025 as an Associate on the Trading Operations Team.

Chris graduated from the University of Miami with a Bachelor’s degree in Finance and Marketing and later earned a Master’s degree in Finance from Fordham University’s Gabelli School of Business. Prior to joining Belle Haven, Chris completed a rotational internship at Assured Guaranty, where he gained experience across both the Public Finance and Structured Finance Divisions.

Chris currently resides in New York, New York.

Adam Palmeri

Adam Palmeri joined Belle Haven in 2022 as Assistant Controller and was promoted to Controller in 2026.

Adam began his career in Accounting at a Nonprofit organization supporting US Veterans. Prior to arriving at Belle Haven, he spent three years at King Street Capital Management, LP as an Accountant in the Management Company controller’s group.

Adam attended Ramapo College in Mahwah, New Jersey where he studied Business and Finance.

Adam currently resides in Englewood, New Jersey.

Madison Ameer

Madison Ameer joined Belle Haven in 2023 as the Firm's Executive Office Administrator.

A recent graduate from James Madison University, Madison majored in Health Science with a minor in Business.

Madison currently resides in Weston, Connecticut. 

Kali Barisano

Kali Barisano joined Belle Haven as a Compliance Associate in 2022 and was promoted to Vice President in 2026.

In 2024, Kali became a Certified Regulatory and Compliance Professional (CRCP)®, a designation awarded by the FINRA Institute at Georgetown University that recognizes advanced expertise in securities regulation, compliance frameworks, and industry best practices.

Kali is a graduate from Loyola University Maryland where she received her bachelor’s degree in business administration with a concentration in Finance and a minor in Information Systems, Data Analytics, and Forensic Studies.

Prior to joining Belle Haven, she interned at a financial services organization.

Kali currently resides in Crestwood, New York.

Joseph Kim

Joseph Kim joined Belle Haven as the Senior Systems Engineer in 2024, brining over 20 years of experience in IT. Throughout his career, he has excelled as a Senior Cloud/Systems Engineer and Architect, specializing in cloud migration, high-performance, scalable, and secure on-prem infrastructure solutions, as well as IaaS, PaaS and SaaS cloud solutions.

Joseph graduated with a Bachelor of Science degree from the University of California, Los Angeles (UCLA). Originally from California, Joseph has been enjoying the vibrant lifestyle of the New York area for the past nine years. In his free time, Joseph likes to play golf and tennis.

Joseph currently resides in Fort Lee, New Jersey with his family.

Emmanuel De Los Santos

Manny is the End-User Support for Belle Haven Investment. Responsible to Provide IT technical service to users with hardware and software requests handling all related duties and responsibilities, including software/hardware infrastructure.

Manny has been working in information technology for over 15 years as a support specialist. Previously worked providing white-glove IT service to prestigious law firms.

Manny graduated from City College of NY with a BA in Computer Science and has a passion for photography and traveling.

Manny currently resides in Bronx, NY, with his two daughters, Kaitlyn and Amelia.

Dilsat Sagin

Dilsat Sagin serves on the Software Development Team at Belle Haven. Dilsat joined Belle Haven in 2018 and is responsible for software implementation, system integration and testing.

He holds a Bachelor of Science in Software Engineering and has over 15 years of experience in software development. His prior experience includes several software engineering positions focusing on enterprise data management and analytics.

Dilsat resides in Stamford, Connecticut.