Michael Passmore Email & Phone Number

Rochester, Mn, Us

Fort Worth, Texas, United States

Employee owned and customer inspired, Higginbotham is a single source solution for insurance, financial and HR services that ranks in the top 20 of national brokers. We're a people-first firm that's family to our employees, accountable to our clients, teammates to our carriers and generous to our communities. Serving thousands of businesses and individuals through locations across the southern U.S., Higginbotham's approach to finding insurance, employee benefit and risk management solutions is more individual and less institutional. By understanding customer priorities, eliminating inefficiencies and committing to transparency, Higginbotham is a place that leads with values so value leads.

Dallas, Texas, United States

Advisory Services to the alternative assets industry.

Dallas, Texas, United States

IQ-EQ is a leading investor services group that combines global expertise with an unwavering focus on client service delivery. With a team of 4,000+ people operating across 24 jurisdictions, we support fund managers, global companies, family offices and private clients operating worldwide.

Dallas

Blue River Partners is the premier provider of outsourced comprehensive, institutional-quality back-office solutions across the spectrum of structures, strategies and asset classes within the alternative assets industry. Blue River Partners supports private equity and hedge funds, registered and exempt investment advisers, registered investment companies, commodity pool operators, fund of funds, family offices and broker dealers. Blue River Partners’ fully integrated comprehensive back-office services include regulatory compliance, private equity and hedge fund administration, fund and advisory firm launch, IT managed services, cybersecurity, tax compliance and advisory services, hedge fund operations, middle office and trade support, customized services and project, business analytics, and asset level services. Blue River Partners was acquired by IQEQ in 2020.

New York, Ny

Manage operations for a multi-billion-dollar SEC-registered 40 Act mutual fund complex of open and closed-end funds with diverse strategies across multiple asset classes. Core competencies included daily NAV oversight, fund accounting, financial and regulatory reporting and overall operational risk management and execution.Coordinate and manage annual audited, semi-annual unaudited, quarterly NQ financial statement filings, including coordinate and manage financial statement production process to ensure financial statements are in line with appropriate GAAP requirements, auditor inquiries are answered timely and final financials are delivered to investors, trustees and regulators within the necessary timeframe.Coordinate and manage portfolio surveillance and risk management framework for fund complex.Prepare quarterly board of trustee reporting and present content based on regulatory and/or market driven events.Manage multiple internal and external relationships, including fund administrators and auditors.

Dallas, Texas

Manage operations for a multi-billion-dollar SEC-registered 40 Act mutual fund complex of open and closed-end funds with diverse strategies across multiple asset classes. Core competencies included daily NAV oversight, fund accounting, financial and regulatory reporting and overall operational risk management and execution. Coordinate and manage annual audited, semi-annual unaudited, quarterly NQ financial statement filings, including coordinate and manage financial statement production process to ensure financial statements are in line with appropriate GAAP requirements, auditor inquiries are answered timely and final financials are delivered to investors, trustees and regulators within the necessary timeframe.Coordinate and manage portfolio surveillance and risk management framework for fund complex including working with investment committee to approve new and follow-on investments, monitoring and pruning existing investments in leveraged loans, high yield bonds, stressed and distressed debt, and equities.Coordinate and manage structured finance transactions containing Total Return Swaps, Credit Default Swaps, Interest Rate Swaps and FX with various counterparties by evaluating collateral, applicable documents (ISDA, CSA), credit enhancement, and index modeling results.Coordinate and manage oversight of leverage facilities covering billion-dollar commitment in senior secured credit facilities (line of credit, conduit) with various banks by evaluating collateral, applicable credit agreements, and compliance.Manage the interaction with executive management, portfolio managers and traders, providing assistance with portfolio analysis and preparation of investment reporting, as well as performance and profitability, future projections and initiativesPrepare quarterly board of trustee reporting and present content based on regulatory and/or market driven events.

Dallas, Texas

Prepare annual audited, semi-annual unaudited, quarterly NQ financial statement filings for a multi-billion-dollar SEC-registered 40 Act mutual fund complex of open and closed-end funds with diverse strategies across multiple asset classes.Oversee and coordinate the financial statement production process to ensure financial statements are in line with appropriate GAAP requirements, auditor inquiries are answered timely and final financials are delivered to investors, trustees and regulators within the necessary timeframe. Oversee and manage third-party fund administrators, custodians, prime-brokers, transfer agent and distributors.Manage the oversight of internal and external securities valuation analysis, including policies and procedures for fair valuations, including reviewing ASC 820 levels.Oversee the management of data processing of investment activities, including reconciliation of positions and cash, including the management of proxy, amendments, corporate actions, and restructures.Manage the oversight of the settlement process of bank loans, including the closing of bank loans, bonds, and equities, which included dealing directly with external counterparties to resolve any trading or settlement issues.Perform and conduct portfolio surveillance and risk management for fund complex to ensure the investment policies, guidelines, and objectives of each fund’s general investment strategy is achieved and attained per the fund’s governing documents.Perform and conduct portfolio analysis and prepare investment performance and profitability reporting for the investment team.Assist in the preparation of quarterly board of trustee reporting.Prepare and review mutual fund marketing materials, including pitch books, fact sheets, and commentaries. Interact with the wholesale team, assisting with the completion of RFPs and new business DDQs.

Dallas, Texas

Fund accounting/administration and back/middle/front office operations for open and closed-end funds, with strategies in domestic and foreign equities, long/short equity, leveraged loan, high-yield debt, distressed debt, collateralized loan obligations.Transactions in structured products, senior and junior secured and unsecured loans, unitranche loans and other asset-based loans, including securitized debt and subordinated notes of collateralized loan obligations and other types of securitized debt tranches.Perform data processing of investment activities, including reconciliation of positions and cash, including processing proxies, amendments, corporate actions, and restructures.Perform settlement of bank loans, including the closing of bank loans, bonds, and equities, which included dealing directly with external counterparties to resolve any trading or settlement issues.Perform portfolio surveillance and risk management for fund complex to ensure the investment policies, guidelines, and objectives of each fund’s general investment strategy is achieved and attained per the fund’s governing documents.Perform performance analytics, process improvements, fund analytics, forecasting fund cash flows, and special projectsPrepare and analyze mutual fund expense budgets and forecast.Manage prime-brokerage relationships with various counterparties by evaluating collateral and ensuring margin requirements are met, applicable documents, and index modeling results.Manage foreign exchange (FX) hedging execution and foreign investment exposure.Manage the daily marks process, dealing directly with external brokers.Manage multiple internal and external relationships, including governmental and regulatory bodies such as SEC, NYSE, as well as external service providers such as sub-advisers, prime brokers, credit facility agents, outside counsel, administrators, and auditors.

Fort Worth, Texas

Built and promoted drilling programs for the exploration and production of oil & gas, raising $265 million. Prepared Authority for Expenditures pertaining to drilling programs, including participating in geological and petroleum planning strategies for future drilling prospects with senior management.Assisted in financial planning pertaining to drilling programs encompassing strategic financial project planning, profitability, balance sheet and cash flow forecasting, and analysis. Development of business case analysis, including investment, financing alternatives, tax consequences, revenue or expense impacts, NPV and IRR.

Bachelor Of Business Administration (Bba), Accounting And Finance, 3.7

Activities and Societies: Finance Club; TCU Student Ambassador; Neeley School of Business Mentor; TCU Student Government • Double Major.

Masters, Economics And Finance