Tag Archives: hedge funds

John Thompson Chairman of Microsoft

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John W. Thompson joined the Microsoft Board in February 2012 and became independent chairman of Microsoft Corporation on Feb. 4, 2014.

Thompson is the chief executive officer of privately held Virtual Instruments, whose products are designed to ensure the performance and availability of applications deployed in virtualized and private cloud computing environments. Thompson is also the former chairman and CEO of Symantec Corp.

Since 2009, Thompson has been an active investor in early-stage technology companies in Silicon Valley.
During his 10-year tenure as CEO of Symantec.

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The Richest Black Woman In The World, Folorunsho Alakija

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VENTURES AFRICA/Africa’s Secret Millionaires – Move over, Oprah – there is a new richest black woman in the world. And she’s Nigerian.

Meet Folorunsho Alakija, a Nigerian billionaire oil tycoon, Fashion designer and philanthropist who is worth at least $3.3 billion- contrary to a recent Forbes Magazine ranking which pegs her net worth at only $600 million.

Alakija, 61, was born into a wealthy, polygamous Nigerian family. She started out her professional career in the mid 70s as a secretary at the now defunct International Merchant Bank of Nigeria, one of the country’s earliest investment banks. In the early 80s, Alakija quit her job and went on to study Fashion design in England, returning to Nigeria shortly afterwards to start Supreme Stitches, a premium Nigerian fashion label which catered exclusively to upscale clientele.

The business thrived, and Alakija quickly made a tidy fortune selling high-end Nigerian clothing to fashionable wives of military bigwigs and society women.

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Kenneth Chenault: CEO American Express

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Kenneth Irvine Chenault (born June 2, 1951) is an American business executive. He has been the CEO and Chairman of American Express since 2001.[1][2] He is the third African-American CEO of a Fortune 500 company.While CEO of American Express in 2007, Chenault earned a total compensation of $50,126,585.

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Merrill Lynch: Willie Thomas named San Francisco complex director

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Bank of America’s brokerage unit Merrill Lynch said it appointed former professional football player Willie Thomas as complex director at its San Francisco office.

Thomas, who has more than 20 years of financial experience, will lead about 160 financial advisers working with wealth management clients in the San Francisco Bay area. (Reporting by Anya George Tharakan; Editing by Siddharth Cavale)

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Loop Capitol CEO James Reynolds

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James Reynolds, Jr., CFA
Chairman and Chief Executive Officer

James Reynolds, Jr. is founder, Chairman and Chief Executive Officer of Loop Capital. Mr. Reynolds, along with Albert R. Grace, Jr., founded Loop Capital in 1997 with a simple motto as a guide: “To provide client service beyond expectations.” The motto still serves as the foundational driving force of the firm.

Mr. Reynolds currently oversees all aspects of Loop Capital, including investment banking, brokerage and financial advisory services.

Mr. Reynolds has worked in the financial services industry for more than 27 years. Early in his career, Mr. Reynolds established and headed the Midwest Municipal Bond Sales Desk at PaineWebber. Subsequently, Mr. Reynolds joined the Corporate and Institutional Client Group at Merrill Lynch where he managed the municipal sales team responsible for the distribution of all tax-exempt products to institutions in the Midwest. In 1997, Mr. Reynolds collaborated with Albert R. Grace, Jr. to form Loop Capital Markets, where he has led the firm to becoming the largest minority-owned financial services firm and one of the largest privately-held investment banks in the United States. Mr. Reynolds is a CFA charterholder and is a member of the CFA Institute.

Mr. Reynolds strongly believes that successful executives have a responsibility to give back to the community. He currently serves on the boards of buildOn, Chicago United, Skills for Chicagoland’s Future and The University of Chicago Medical Center. Additionally, Mr. Reynolds serves as Vice-Chair of the board for the Chicago Urban League and is a member of the Advisory Board of the Levy Institute/ Kellogg School of Management at Northwestern University. Previously, he was appointed by the Governor to sit on the board of the Illinois Economic Recovery Commission in 2009, and was appointed to serve on the boards of World Business Chicago and the Illinois Sports Facilities Authority by the Mayor in 2011.

Mr. Reynolds holds a Masters of Management in Finance from Northwestern University’s Kellogg Graduate School of Management and a Bachelor of Arts in Political Science from the University of Wisconsin, La Crosse. He holds series 7, 24, 53 and 63 licenses.

Loop Capital’s latest transaction highlights

Loop Capital Serves as Co-Manager on Wal-Mart’s $5 billion Senior Debt Offering / April 4th, 2013

Wal-Mart, the world’s largest retailer, hit the market with a $5 billion four-part offering that included $1 billion of 3-year, $1.25 billion of 5-year, $1.75 billion of 10-year and $1.0 billion of 30-year senior notes.

Loop Capital Serves as Co-Manager on Everglades Re’s $250 million Class A Principal-at-Risk Variable Rate Notes
March 25th, 2013

Everglades Re, a licensed special purpose insurer, followed up on its inaugural hurricane catastrophe bond offering last year, a $750 million 2-year offering – the largest single tranche CAT bond ever done − by issuing another $250 million of CAT bonds to further enhance and reinsure its surplus.

Loop Capital Serves as Co-Manager on PepsiCo’s $2.5 billion Senior Debt Offering

February 25th, 2013

PepsiCo Inc. hit the market with a three-part offering that included $625 million each 3-year fixed and floating rate notes and $1.25 billion of 10-year fixed-rate notes.

Loop Capital Serves as Co-Manager on Zoetis $2.6 billion Initial Public Offering

January 31st, 2013

Pfizer’s former animal health subsidiary, Zoetis, raised $2.6 billion in its initial public offering on January 31, 2013, becoming the largest IPO by a U.S. company since Facebook in May 2012, and the largest carve-out to list on a U.S. exchange in over five years.

Verizon Wireless Announces Sale of Spectrum for $2.1 billion

January 25th, 2013

On January 25, 2013, Verizon Wireless announced that it had signed agreements to complete a number of spectrum license transactions, including sales of licenses to AT&T and Grain Management, a Sarasota, Florida-based private equity firm that invests in the telecommunications sector.

Loop Capital Serves as Senior Manager on $126.2 million offering by the Triborough Bridge and Tunnel Authority

November 23rd, 2012

Loop Capital Markets successfully priced and sold $126,230,000 of The Triborough Bridge and Tunnel Authority’s (“TBTA” or the “Authority”) General Revenue Bonds on November 5-6, 2012, despite the widespread property damage and unprecedented interruption to financial market operations caused by Hurricane Sandy during the prior week.

Loop Capital Serves as Co-Manager on Wal-Mart’s $5 billion Senior Debt Offering
April 4th, 2013

Wal-Mart, the world’s largest retailer, hit the market with a $5 billion four-part offering that included $1 billion of 3-year, $1.25 billion of 5-year, $1.75 billion of 10-year and $1.0 billion of 30-year senior notes.

Loop Capital Serves as Co-Manager on Everglades Re’s $250 million Class A Principal-at-Risk Variable Rate Notes

March 25th, 2013

Everglades Re, a licensed special purpose insurer, followed up on its inaugural hurricane catastrophe bond offering last year, a $750 million 2-year offering – the largest single tranche CAT bond ever done − by issuing another $250 million of CAT bonds to further enhance and reinsure its surplus.

Loop Capital Serves as Co-Manager on PepsiCo’s $2.5 billion Senior Debt Offering

February 25th, 2013

PepsiCo Inc. hit the market with a three-part offering that included $625 million each 3-year fixed and floating rate notes and $1.25 billion of 10-year fixed-rate notes.
Loop Capital Serves as Co-Manager on Zoetis $2.6 billion Initial Public Offering

January 31st, 2013

Pfizer’s former animal health subsidiary, Zoetis, raised $2.6 billion in its initial public offering on January 31, 2013, becoming the largest IPO by a U.S. company since Facebook in May 2012, and the largest carve-out to list on a U.S. exchange in over five years.

Verizon Wireless Announces Sale of Spectrum for $2.1 billion
January 25th, 2013

On January 25, 2013, Verizon Wireless announced that it had signed agreements to complete a number of spectrum license transactions, including sales of licenses to AT&T and Grain Management, a Sarasota, Florida-based private equity firm that invests in the telecommunications sector.

Loop Capital Serves as Senior Manager on $126.2 million offering by the Triborough Bridge and Tunnel Authority

November 23rd, 2012

Loop Capital Markets successfully priced and sold $126,230,000 of The Triborough Bridge and Tunnel Authority’s (“TBTA” or the “Authority”) General Revenue Bonds on November 5-6, 2012, despite the widespread property damage and unprecedented interruption to financial market operations caused by Hurricane Sandy during the prior week.

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Kase Lawal: Not your average oil baron

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(CNN) — Nigerian-born entrepreneur Kase Lawal is the epitome of the American dream. Arriving to the US a young, idealistic student, Lawal has carved a name for himself in one of the most competitive industries in the world: Oil.

Now head of a multi-billion dollar empire, his Houston-based company, CAMAC, is one of the largest black-owned businesses in the U.S., generating over $2 billion dollars a year.

Founded nearly 25 years ago, Lawal built CAMAC (which stands for Cameroon-American) from a small agriculture business into a global oil company. But it’s taken a lot of hard work, determination and guts to get him to the top.

Born and raised in Ibadan, Nigeria in 1954, Lawal became interested in America and its civil rights movement during his teens. After finally persuading his father, a local politician, to send him to university in America, Lawal headed to Georgia and then Houston, where he attended the Texas Southern University.

After graduating with a Bachelor of Science in chemical engineering in 1976, Lawal, like many of his classmates, started out as a graduate in the energy industry. First as a chemist for Dresser Industries (now Halliburton) and then as a chemical engineer with Shell Oil Refining Co.

During this time he met his wife, Eileen through a mutual friend and had his three children.

Now married and settled, it wasn’t long before the innovative young Nigerian started to implement his business ideas.

In 1986 he established CAMAC, a company trading agricultural commodities such as sugar, tobacco and rice. In the early 90s he made the leap into the energy sector after the Nigerian government started to develop its energy market.

With his knowledge of Nigeria and his Houston address, Lawal was ideally positioned to attract major oil companies. In 1991 CAMAC made a deal with the oil giant Conoco, agreeing to jointly operate and share production from any Nigerian discoveries.

This turned out to be Lawal’s big break.

With his political contacts, local market knowledge and now with the backing of a major oil firm, Lawal’s Houston-based company became an instant player in the energy industry.

As Lawal told CNN: “That partnership I believe was the cornerstone of the CAMAC that you know today. Subsequently with that credibility and the advantage of partnering with Conoco, we were also able to partner with BP and also with Statoil of Norway and currently we have made a partnership with Eni, the largest Italian company, which is one of the top five oil companies in the world.”

Now CAMAC has offices in London, Johannesburg, Lagos and Port Harcourt, Nigeria and is involved in oil exploration, refining and trading.

He was awarded the USAfrica Business Person of the Year in 1997 and in 2002 CAMAC was named the largest African-American owned company on the Black Enterprise 100s list.

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Marc Allen is senior vice president of The Boeing Company

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Marc Allen is senior vice president of The Boeing Company and president of Boeing International. He is a member of Boeing’s Executive Council.

As president of Boeing International, Allen, 42, is responsible for the company’s international strategy and operations, and oversees 17 regional corporate headquarters in key markets around the world. Reporting to the chairman and CEO, Allen leads development of the company’s growth and productivity initiatives outside the U.S. and new business and industrial partnerships. His responsibilities also include overseeing international affairs, enhancing local presence and providing global functional support. Allen was appointed to the role in 2015.

Previously, Allen served as president of Boeing Capital Corporation, a wholly owned Boeing subsidiary that arranges, structures and provides financing for Boeing’s commercial airplane, space and defense products.

Prior to Boeing Capital, Allen served as vice president, of Boeing International and president of Boeing China, responsible for leading the company’s business in China from its Beijing headquarters. Leading Boeing China, Allen oversaw the company’s largest market outside the U.S. as its annual delivery pace doubled.

Before that, Allen served as Boeing’s vice president for Global Law Affairs and general counsel to Boeing International, leading the company’s international legal practice group from its inception, with responsibilities for Boeing’s international operations’ legal issues, cross-border trade regulation matters, and international legal policy matters including the U.S.-EC WTO dispute on aircraft subsidies.

Prior to joining Boeing, Allen practiced law with the Washington, D.C.-based law firm Kellogg Huber, litigating complex commercial cases for domestic and international clients.

Previous government service includes an appointment as U.S. Supreme Court Justice Anthony M. Kennedy’s law clerk.

A Southern California native, Allen received his bachelor’s degree summa cum laude from Princeton University, majoring in political science with a certificate in economics, and received his law degree from Yale Law School.

Allen is married and has four children.

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