Tracy V. Maitland, often referred to as the “king of convertible bonds,” is the founder and president of Advent Capital Management, a New York-based asset management firm specializing in convertible securities. Raised in the Bronx, Maitland is the son of a surgeon who once operated on Dr. Martin Luther King Jr. after he was stabbed at a 1958 book signing. In 1987, after starting his career at Merrill Lynch, Maitland became head of convertible bonds at the company. Eight years later, he founded Advent Capital, which now manages approximately $9 billion in assets, with over $8 billion invested in convertibles.