Cheryl Pate

Cheryl Pate is Senior Portfolio Manager at Angel Oak Capital Advisors, LLC in Atlanta, Georgia, where she leads investment management and research for strategies focused on the financial sector. She manages the Financial Strategies Income Term Trust, as well as several private funds and separately managed accounts, with a primary emphasis on investments in financials—including consumer finance, specialty finance, mortgage, REITs, payments, fintech, and banking.

With nearly two decades of experience, Cheryl previously served as Executive Director and Head of Consumer & Specialty Finance Equity Research at Morgan Stanley, where she covered a broad range of financial industry segments and led equity research efforts. Her expert insights are frequently quoted in industry media, and she has appeared on outlets such as Bloomberg, CNBC, and Yahoo! Finance TV.

Cheryl holds an MBA from Duke University's Fuqua School of Business and a Bachelor of Commerce (Honors) in Finance from the University of British Columbia. She is a CFA charterholder and was recognized in 2023 as one of the “Women at the Forefront of Alternative Investments” by iConnections, highlighting her leadership in the sector.