The next year it acquired nine CLOs from Allied Capital Corp., and a year later it bought Harbourmaster Capital Management, a $10billion European leveraged-loan manager, and four CLOs from Allied Irish Bank. He reveres his middle-class upbringing first in Queens, New York, and later in Stamford, Connecticut and says that when he was growing up he didnt know anyone who worked on Wall Street. The stock rose 170 percent between July 2012 and the end of the year. High cash-on-cash returns with capital appreciation potential. . And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. Prior to joining Alta Semper, Ahmed was a Director at CI Capital Investment Banking, a leading Cairo-based investment bank, where he sourced, led and executed several capital markets and M&A transactions.
Meet Current Wasserstein Fellows - Harvard Law School Leveraged loans offer a hedge against interest rates and can augment a largely xed-rate portfolio. GSO LIKES A LITTLE, BUT NOT TOO much, market misery. Afsane Jetha is the CEO and Managing Partner of Alta Semper Capital, a dedicated growth markets private equity manager, which she co-founded in 2015 alongside Ronald Lauder (Chairman of Clinique, Este Lauder Companies) and Richard Parsons (Former CEO of Time Warner Group). *SHIPS WITHIN 1 - 2 WORKING DAYS SUPER BRIGHT LIGHT - Over 2000 lumens of light will enhance your camera's vision in low-light conditions and allow.
Orkila Capital Executive Team - mClinical Technology degree in Business Administration from Western New England University with a concentration in finance. Bruce Jay Wasserstein (December 25, 1947 - October 14, 2009) was an American investment banker, businessman, and writer. EagleTree aims to provide timely information to its clients and other stakeholders on the matters addressed herein and to work with them to foster transparency with regard to its ESG initiative. Prior to founding Colle Capital, Ms. Grace was a partner at Wall Street Technology Partners LP, a mid-stage technology fund, from November 2000 to February 2014, and a director of Dresdner Kleinwort Wasserstein Private Equity Group from November 2000 to October 2004. In furtherance of this ethos and in accordance with our responsibilities to our clients and other stakeholders, EagleTree is committed to identifying and considering ESG issues, risks and opportunities associated with potential portfolio company investments and engaging with portfolio companies on these matters during our ownership. Pam Wasserstein is the President of Vox Media, the leading independent modern media company, where she oversees strategic initiatives, including e-commerce and consumer businesses, as well as the New York Magazine brands.
Wasserstein Death Payout: $188 Million - WSJ Douglas Ostrover, the O in GSO, invited him to lunch at Manhattans Core Club in July 2012, just as the U.S. housing market was showing a few signs of life. The company would sell its property inventory to a land bank created by GSO in return for a $125million cash infusion. Alexandria, VA 22314, 515 North Flagler Drive | Suite 1450 But the $1billion price tag the proceeds of which the partners rolled over into GSO funds and the potential to take advantage of what they thought would be a huge shift on Wall Street helped alleviate their concerns. The firm seeks to create differentiated high yield exposure through primarily private equity backed, US non-large cap high yield issues, where WDO sees potential for price inefficiency. Predecessor funds, U.S. Equity Partners I and II, were raised in 1997 and 2002 and invested approximately $750 million of committed equity capital. But in June 2004, John Mack, then CEO of CSFB in the U.S., announced he was leaving; the Credit Suisse board had decided not to renew his contract. Prior to that, he worked for 14 years in Senior Hedge Fund operations positions for top tier firms, including IFS State Street and HSBC. 1Ls are permitted to meet with Wasserstein Fellows even before the October 15th career advising start date. At a bank youre working for anonymous shareholders, trying to make as much money as you can, he explains. Previously, Mr. OKeefe worked at S&P Capital IQ Leveraged Commentary & Data Group where he was responsible for research on leveraged loans and high yield bonds. Look, the market hates your company, he told Hovnanian. This Policy is intended to provide a broad framework for EagleTrees overall approach to ESG. The breadth and scale of its funds allow it to offer a range of solutions to companies, including rescue financing and senior secured bank loans. Mr. Bagaria joined Apollo as a Principal in June 2004, two months after AIC held its initial public offering, and later was promoted to Partner. All rights reserved.
How Bruce Wasserstein Became The "Buyout Guru" - Finance Friday GSO was an early investor in the shale gas industry, which has been whipsawed by volatile pricing and other events. Mr. Jones currently serves on the board of the health food company, Forager Project, Inc., as well as on the advisory boards of a number of investment firms. Ostrover, now 50, who helped build the leveraged-finance business at investment bank Donaldson, Lufkin & Jenrette during the 1990s, explained his idea for solving Hovnanians liquidity problems. Business Video. WHEN ASKED ABOUT HIS DECISION to switch from the sell side to the buy side, Goodman says his only regret is that he didnt make the move ten years earlier. Thats where you wanted to land a job if you were a Harvard Business School student.
Orkila Capital was formed in 2013 to pursue proprietary and compelling growth equity investment opportunities in the media, entertainment and consumer sectors. In addition, we remain committed to compliance with national, state and local labor laws in jurisdictions in which we invest and to provide a safe and healthy workplace consistent with national and local laws. Afsane is tiedpersonally and professionallyto East Africa as she is a fourth-generation Tanzanian. Now the emergence of alternative credit mirrors tools that equity investors have had with private equity, says TPGs Coulter. Lets face it, if a company can tap the public markets, they will, and theyll get a much better deal..
For $340 Million, Globecomm Allows Wasserstein to Take it Private In 2007, the peak for the firms performance fees, private equity contributed the bulk of the total. He now manages its hedge fund. Wasserstein Debt Opportunities is a New York-based SEC-registered investment advisor focused predominately on leveraged loans and high yield bonds. The firms long-only strategies include a $24billion CLO business, making GSO the largest institutional investor in leveraged loans, as well as closed-end and other funds. But that is likely to change as banks shed assets to deleverage and companies need capital. The private equity business of the investment firm was not included .
2007: Bruce Wasserstein, American Investment Banker, Businessman, and We focus primarily on equipment and services relating to water (drinking, waste and industrial) and other general industrial businesses including: pipes, pumps and valves; specialty chemicals; engineering services; and sensors, meters and monitors. This is bolstered by our expert shareholder base, which brings experienced strategic and operating partners to our transactions and best-in-class management teams. He is fluent in Arabic, French and English and is based in Alta Sempers Cairo office. You couldnt hope to compete because the banks were so aggressive, he says. Credit to Steve, he really trusted me on this one, adds James, who says Blackstone was looking for an area of asset management with room to grow that would complement its existing private equity, real estate and fund-of-hedge-funds businesses.
Wasserstein & Co. to Sell High Pressure Equipment Company Blackstone referred Sony to GSO, which crafted a deal of mezzanine debt and equity warrants in the company. He serves on the Board of Directors of USO Metro and the Board of Trustees of the Pomfret School. What the SPR Refill Means for Oil Futures, The Radical, Lucrative, and Controversial Company Hiding in Stephen Schwarzmans Pocket, Oats: From the Original Energy Contract to Trendy Dairy Alternative, Modern Slavery Act Transparency Statement. Previously, he was the Managing Partner of the New York law firm Patterson, Belknap, Webb and Tyler. At the same time, Blackstone had relationships with almost every major institutional investor in the world, a group that had, on average, $200million in assets invested with the firm. Afsane is tiedpe - Afsane Jetha @afsanejetha GSO founders Bennett Goodman, Tripp Smith and Douglas Ostrover have become a key source of capital for non-investment-grade companies struggling to get financing, and in the process they have made a lot of money for themselves; their parent, Blackstone Group; and their investors. [2] One First Boston analyst, Paul Mecurio, left corporate life to become a comedian. The death of Lazard Ltd. Chief Executive Bruce Wasserstein will trigger the vesting of stock currently valued at $188 million, confirming Mr. Wasserstein's status as one of history's most highly . Mr. Bagaria is the Advisors President and Chief Investment Officer. Contact Details Address:1301 Avenue of the Americas, 44th FloorNew York, NY 10019United States Phone/Fax:Phone: 212-702-600Fax: 212-702-635 Other Contact Details:Website: In 2015, EagleTree spun out of Wasserstein & Co, which was formed in January 2001, when the merchant banking group of Wasserstein Perella became an independent firm. Fully 80 percent of GSOs senior management team is from DLJ. We partner with entrepreneurs with the goal of building great brands. Prior to that, he held various positions in state and federal government, as counsel for Nelson Rockefeller and as a senior White House aide under President Gerald Ford. She previously served as Partner at Wall Street Technology Partners LP and Director of the Dresdner Kleinwort Wasserstein Private Equity Group. Joseph H. Lauder Institute of Management and International Studies. She holds her MBA from Harvard Business School and a Bachelor of Science in Economics from The Wharton School at the University of Pennsylvania. Since 2008, Blackstone has more than doubled its assets. Don't have an account? Mr. Bagaria also held responsibilities related to secondary trading, investment team development, portfolio company work-outs and the development of Apollos energy lending and aviation investment platforms. Blackstones offices on Park Avenue are nothing short of glitzy, with unobstructed views of the New York skyline and floors connected by grand staircases with polished metal banisters. PWP provides comprehensive financial restructuring and capital structure advice in connection with stressed and distressed situations, including amendments, debt exchanges, financings, distressed M&A, and balance sheet recapitalizations. degree in Finance and Government from the University of Notre Dame in 2002, graduating magna cum laude. A +. Wasserstein Debt Opportunities Management, LP ("WDO") is a New York-based SEC-registered investment advisor focused predominately on leveraged loans and high yield bonds. In the 1990s, GSOs three founders, then working for Hamilton (Tony) James at DLJ, took up where Drexel left off, building that firm into the No. Prior to this endeavor, she built a rich resume in the financial services sector, specifically working with private equity investment. In the old days a bank might have been more willing to commit its balance sheet for long-standing clients, says Bennett Goodman, the 56-year-old G in GSO, who started his career at Drexel Burnham Lambert in the 1980s. Debt opportunities management delivered through partnership, visionand experience. 1999 Avenue of the Stars Suite 2840 Los Angeles, CA 90067United States, 1301 Avenue of the Americas 41st FloorNew York, NYUnited States. Ostrover asserted that not only would the market react positively to the initial financing but that the GSO-Blackstone brand would signal that there could be more behind it. What was a wide-open white space for us?
Victoria Grace - Colle Capital Afsane Jetha is the Co-Founder, Managing Partner & CEO of Alta Semper Capital, a private equity manager founded in 2015 alongside Ronald Lauder (Chairman of Clinique LLC) and Richard Parsons (former CEO of Time Warner). Prior to that, among other positions, Victoria Grace was a partner at Wall Street Technology Partners LP, a mid-stage technology fund, from November 2000 to February 2014, and a director of Dresdner Kleinwort Wasserstein Private Equity Group from November 2000 to October 2004. Remnants of the financial crisis continue to cast a shadow on markets, especially in Europe. He spent five years there, toiling on ten to 12 deals a year all of them different in a culture that rewarded Street smarts and a maniacal work ethic. Private equity is composed of funds and investors that directly invest in private companies , or that engage in buyouts of public . The top skills needed for this position are business management, market analysis, finance and accounting, problem-solving, data .
Private Equity Resume Sample Earlier in his career, Ahmed worked with the International Finance Corporation (IFC), the private sector arm of the World Bank, in Cairo, advising government-owned enterprises in the MENA region and Sub-Saharan Africa on public-private partnerships (PPP). Mr. OKeefe earned a B.S.
The Team | Alta Semper | Private Equity Firm Wasserstein & Co. www.wasserco.com 1999 Avenue of the Stars Suite 2840 Los Angeles, CA 90067-6086 Anup Bagaria Vice Chairman and Managing Director Afsane Jetha co-founded Alta Semper Capital in 2015.
Wasserstein Home | LinkedIn Its investment activities are focused on . Wasserstein & Co. - Private Equity Company Info Description:Wasserstein & Co. is a private equity company based in New York, NY and has approximately $300 million in assets under management.
EagleTree Capital | The Firm - A team-based approach to investing We want to buy you.. 39th Floor 2005-2023 Wall Street Oasis.
Wasserstein family - Forbes Alta Semper Capital LLP is a limited liability partnership registered in England and Wales under no. EagleTrees ESG initiatives will be overseen by its ESG Committee, which includes EagleTrees two Co-Managing Partners and other members of senior management.
Wasserstein & Co. - HedgeFundJobList Manage and implement various projects in the fields of corporate finance, mergers & acquisitions, project finance, capital markets, private equity and asset management. Every Monday the investment staff meets to go over ideas and review the pipeline. He holds a BA in Finance from the American University of Cairo and an Executive Education in Corporate finance from London Business School. Even before James left CSFB, he and Goodman talked about going off on their own. We build SMAs to meet clients yield and volatility targets. Before joining Time Warner, in 1995, Mr. Parsons was Chairman and CEO of Dime Bancorp, Inc., one of the largest thrift institutions in the United States. At Goldman, Mr. Bagaria worked primarily as an investor of GS Mezzanine, the largest mezzanine fund globally. Wasserstein 3-in-1 Floodlight, Charger and Mount for Wyze Cam V3 (Camera Not Included) 4.8. Mr. McLellan began his career in direct investing in 2004. While non-investment-grade companies need capital, investors need yield, and alternative credit strategies like those offered by GSO provide a much-needed boost to returns for bond portfolios. The firm manages capital on behalf of institutional and individual investors. He might have been young, but it was like a pro coming into an amateur team, adds James, who then ran DLJs investment bank.
Wasserstein & Co. Portfolio Investments, Wasserstein & Co. Funds Approach prospective clients and partners; make presentations. Wasserstein Perella & Co., sometimes referred to as "Wasserella"[citation needed], was a boutique investment bank established by Bruce Wasserstein, Joseph R. Perella, Bill Lambert, and Charles Ward in 1988, former bankers at First Boston Corp., until its eventual sale to Dresdner Bank in 2000 for some $1.4 billion in stock. The company offers its corporate, government, and institutional clients a variety of capital markets products and services, including short-term products and treasury, equity products, rates, credit products, foreign exchange debt origination, sales and marketing, research, risk .
Bruce Wasserstein Net Worth | Celebrity Net Worth PWP provides financial and structuring advice in connection with capital raising alternatives, including debt, equity, and hybrid capital, identifying alternative sources of growth capital, including SPACs and private capital, and assisting with identifying investors, developing terms and structuring the transaction.
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