John Walding is senior managing director and head of bank loans on the fixed income team at PPM America, Inc. (PPM). In this role, he oversees the bank loan team and is responsible for investment and allocation decisions for the firm’s floating rate income strategy and collateralized loan obligations which are managed on behalf of investors globally. Prior to joining PPM in 1999, he was a vice president at First Source Financial, Inc. where he underwrote and analyzed a diverse portfolio of bank loan investments and managed a staff of several underwriting and portfolio analysts. Previously, he held various positions at Household Commercial Financial Services, Inc. where he managed bank loan, high yield and equity investments. John earned a master’s degree in finance from DePaul University and a bachelor’s degree in business administration from Elmhurst College.