Frank Fabozzi specializes in investment management and structured finance. He is editor of the Journal of Portfolio Management and has authored and edited many acclaimed books, three of which were coauthored with the late Franco Modigliani. His book coauthored with Sergio Focardi, The Mathematics of Financial Modeling and Investment Management was selected by RiskBook.com for “Best of 2004 Book Awards” and by Financial Engineering News as one of the top three books in 2005; his book coauthored with Sergio Focardi and Petter Kolm, Financial Modeling of the Equity Market: From CAPM to Cointegration, was selected by Financial Engineering News as one of the top 10 technical books in 2006. He co-edited with Harry Markowitz Investment Management: Theory and Practice. Professor Fabozzi is a consultant to several financial institutions and is on the board of directors of the BlackRock complex of closed-end funds. He was Inducted into the Fixed Income Analysts Society Hall of Fame in November 2002. He is the 2007 recipient of the C. Stewart Sheppard Award given by the CFA Institute. Prior to his appointment at Yale, he was a visiting professor of finance at MIT's Sloan School of Management. Professor Fabozzi is a Chartered Financial Analyst and Certified Public Accountant. PhD City University of New York.