GoldenTree Asset Management Adds Two New Members to Capital Solutions Investment Team.Robert W. Bolt and Kenneth J. Springfield Join GoldenTree as Senior Business Development Officers in Chicago and Dallas NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- GoldenTree Asset Management, LP ("GoldenTree"), a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in that manages alternative asset strategies for sophisticated institutional and high net worth investors by strategically investing in the debt, equity and real estate markets, today announced that Robert W. Bolt has joined the firm as a Senior Business Development Officer in Chicago and Kenneth Springfield has joined the firm as a Senior Business Development Officer in Dallas. GoldenTree, which manages $10.2 billion, hired Messrs. Bolt and Springfield as part of the firm's planned expansion of its Capital Solutions Investment Team in Chicago and Dallas. The Capital Solutions Investment Team services the financing needs of middle market companies whose capital needs are not being met by either the leveraged loan or high yield bond markets. GoldenTree, whose headquarters are in New York, also maintains offices in London and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . "We are expanding our presence in underserved financing markets throughout the country, including Chicago and Dallas, and are very pleased to have Bob and Kenny join us in that effort," said Steven Tananbaum, GoldenTree CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chief Investment Officer. "Bob and Kenny both bring a wealth of financial and operations experience to GoldenTree. We are fortunate to have them on our team and look forward to their immediate contributions." Prior to joining GoldenTree, Mr. Bolt was a Senior Vice President and Division Head at LaSalle Bank. While there he headed a group recognized as the national leader in the design, structure and financing of leveraged ESOP leveraged ESOP An Employee Stock Ownership Plan that borrows funds to purchase securities of the employer. transactions. Mr. Bolt was also responsible for new business development in the Leveraged Finance group at LaSalle Bank. Before joining LaSalle, Mr. Bolt originated transactions in the Leveraged Finance Group at SG Cowen, the US investment banking arm of Societe Generale. Prior to SG Cowen, Mr. Bolt worked at Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. in various capacities including developing a mezzanine finance business investing in independent oil and gas producers, originating investments in the Leveraged Finance group, and general banking in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century with a specialization in the gaming industry. Mr. Bolt is a member of the Finance Committee of the ESOP ESOP See: Employee Stock Ownership Plan ESOP See Employee Stock Ownership Plan (ESOP). Association, on the Advisory Board for ESCA ESCA Electron Spectroscopy for Chemical Analysis ESCA Escaflowne (anime series) ESCA European Speech Communication Association ESCA Escuela Superior de Comercio y Administración (México) (the Employee-owned S-Corporations of America), and frequently speaks at national ESOP conferences. Mr. Bolt received an M.B.A. from the University of Chicago and a B.S. in Industrial Management from Purdue University. Mr. Springfield brings more than 20 years of commercial finance experience to GoldenTree. Prior to joining GoldenTree, Mr. Springfield was a Senior Vice President for AIG's Structured Finance Group where he was responsible for sourcing, structuring and negotiating first lien debt transactions from $10 million to $100 million. Prior to AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group , Mr. Springfield was a Team Leader for CSG CSG - constructive solid geometry Investments, the investment arm of Beal Bank, where he specialized in establishing new product lines, originating and structuring senior secured term loans for the Beal Bank portfolio. Prior to CSG Investments, Mr. Springfield was with GE Capital as Team Leader in charge of new business and portfolio acquisitions. Mr. Springfield is a graduate of the University of North Texas and also holds an M.B.A. in Corporate Finance. About GoldenTree Asset Management, LP GoldenTree Asset Management, LP ("GoldenTree") is a registered investment advisor that manages alternative asset strategies for sophisticated institutional and high net worth investors by strategically investing in the debt, equity and real estate markets. GoldenTree currently employs more than 150 employees and manages approximately $10.2 billion of investment capital. It is headquartered in New York and also maintains offices in London, Chicago, Dallas and London. For more information, please visit www.goldentree.com. |
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