Founded in 2001, Drake Management offers fixed-income management services to investors worldwide. It is registered with the Securities and Exchange Commission. It offers a range of services, including multisector, fixed-income absolute return funds; global opportunistic and low-volatility fixed-income hedge funds; and traditional separate accounts for institutional investors. The company offers traditional and alternative investment strategies, including global bond, global inflation-linked bond and high-yield funds. It employs approximately 90 personnel members. It organizes a Drake forum annually, which brings into focus political and economic issues in the economy and financial markets. The company is located in New York City.