Peter Metcalfe is a Principal and Co-Chief Investment Officer at RPIA alongside David Matheson. Peter leads the RP Select Opportunities and RP SPAC strategies and is accountable for the firm’s non-investment-grade allocations across all strategies. Before he was appointed Co-CIO, he was the Head of High Yield. He joined the firm in 2012 and is a member of the Investment Committee and Risk Committee.
Peter has been instrumental in the firm’s transition from a Canadian domestic focus to becoming an international asset manager with expertise in global markets. He has driven RPIA’s growth into new asset classes, particularly non-investment-grade credit as the firm expanded its product capabilities with a core focus on credit.
Prior to joining RPIA, Peter was a Managing Director at TD Securities, where he was a senior member of the Credit Products Group, working in London and New York. In his thirteen years with TD, he held steadily increasing responsibilities managing risk capital within a multi-strategy trading group. Peter spent most of his career as the head of the US proprietary trading operations, encompassing credit, convertible, and capital structure arbitrage. He brings a wealth of credit experience across global markets, from his involvement in the inception of the credit derivative markets to eventually running a multi-billion-dollar credit portfolio.
Peter is a Chartered Financial Analyst and holds a Bachelor of Commerce (BCom) degree from Queen’s University.