Mr. Sella started his investment career with Miller, Anderson & Sherrerd, LLP in 1992, becoming a Portfolio Manager in 1996, the year the firm was acquired by Morgan Stanley. He was promoted to Managing Director, Head of the Mortgage Research Team, and went on to co-lead U.S. Fixed Income Investments for Morgan Stanley Investment Management. Prior to working in investment management, Mr. Sella worked at the Board of Governors of the Federal Reserve System as an assistant economist, and spent one year consulting for the Organization for Economic Cooperation and Development. He received his BA in Economics and Mathematics, Phi Beta Kappa, from the University of Wisconsin. He went on to earn an MBA from The Wharton School, University of Pennsylvania.