Engagements include:• Distressed CLO investment analysis. I helped a buy-side firm develop an analytical approach to validate an investment thesis and select appropriate investments in CLO tranches. Topics included: deal structures, valuation metrics, underlying credit evaluation, and market environment.• Securitization of Insurance Risk. I helped a broker-dealer develop a plan to market its securitization of insurance risk products to the wider debt capital markets.Areas of interest for new engagements include:• Startup businesses• Distressed credit• Financial restructuring• Expert witness• The intersection of (re)insurance and structured finance• Business model evaluation• Diligence• Diligence metrics• Credit process design• Credit decision making• Credit training• Capital raising• Corporate governance related to the above

The start-up was a multisided data platform designed to collect and curate all forms of information relevant to the origination and monitoring of a corporate loan – from formation documents to financial statements and projections. “Curated” meaning that the data has been collected from various sources, cleansed and maintained in a manner that allows comparability among companies, against historical periods and when projecting forward. This comparability allows the data to be aggregated for use in determining trends, industry analysis, policy analysis, and regulation.This platform will allow loan market participants to focus on their role in lending rather than current advances in IT and data management. It is multisided in that the curated information is useful to both borrower and lender as well as to related professionals (lawyers, accountants, consultants), regulators and academics.

Led team that evaluated CFS’s entry into (re)insurance industry.* Performed internal review of potential benefits to existing product lines.Evaluated build vs buy options.* Created qualitative and quantitative metrics to evaluate individual opportunities.* Interviewed over 50 industry participants for potential senior operational roles and board positions.* Identified and engaged professionals for legal, accounting and regulatory representation.Developed plan to create a greenfield leveraged loan business.* Developed plan to form RIA including all operational aspects, professional support (treasury, legal, compliance and HR) and identification of key employees. * plan to start additional greenfield departments for CFS (loan origination & trading, CLO origination & trading) by having the new asset manager as the anchor client.* Identified existing asset management opportunities within CFS to be consolidated within this RIA.* Surveyed potential institutional investors to determine market acceptance of the plan.Team member of a group of desk heads charged with identifying opportunities in optimizing CFS’s funding sources for its various business lines.* Subject matter expert in CDO structures, ratings considerations and new business development.* Provided research and diligence support for evaluation of various alternatives.Created Administrative Agency business that supported secondary market loan trading.

Senior member of a greenfield CLO collateral manager start-up that grew from $0 to $2.6B AUM (8 CLOs) in the first three years of operation. Managing Director and Portfolio Manager for Apidos I & Apidos III CLO's and loan allocation of an internally managed Hedge Fund. Direct credit coverage of Airlines, Electric Utility, Real Estate industries and distressed credits. Ad hoc committee member: US Shipping, Turtle Bay Resorts (2nd Lien), Flag Luxury, among others.

Managing Director. Member of Investment Committee and Head of Leveraged Loan Research. Direct coverage of IPP, Electric Utility, Real Estate industries and distressed credits. Cases included: Mission Energy Holdings, Advanced Glassfiber Yarns and Transtar Metals.

Member of Investment Committee and Head of Leveraged Loan Research. Direct coverage of IPP, Electric Utility, Real Estate industries and distressed credits. Cases included: Mission Energy Holdings, Advanced Glassfiber Yarns and Transtar Metals.

Primary Credit Officer for Gaming Portfolio, Entertainment, Energy and middle market credits.