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Fred S. Fraenkel is an investment professional and was a vice chair of Cowen Inc. He was on the Barron's year end roundtable for four years and managed large research organizations at several Wall Street firms. He ran his own venture fund for eight years and was until September 2015 the president and chief research officer of a Miami-based advisor of mutual funds. [2]
Fraenkel received a B.S. in economics and finance from Lehigh University, [3] and an M.B.A. from the Wharton School of the University of Pennsylvania. Fraenkel was elected to membership of Beta Gamma Sigma and Omicron Delta Epsilon the national business school and economics honorary societies.
Fraenkel has spent over 50 years in investing, and his career includes being a member of Barron's year-end roundtable from 1982 to 1985, and heading global research at Lehman Brothers from 1987 to 1993. During that time, Lehman Brothers had its first number-one ranking in the Institutional Investor rankings. He retired a vice chairman of Cowen Group, an investment bank and asset manager in New York. Until September 2015 he was chief research officer of Fairholme Capital Management, an advisor to value-oriented mutual funds founded by Bruce Berkowitz. Prior to Fairholme he was vice chairman of Beacon Trust Company in Morristown, New Jersey for three years and prior to that he was a founding partner of Millennium 3 Capital. Millennium 3 was a venture firm specializing in early-stage companies. Before founding Millennium 3 Capital in 2000, Fraenkel served as vice chairman of ING Barings Furman Selz and chief operating officer of Furman Selz. Before joining Furman Selz in March 1995, Fraenkel spent nine years at Lehman Brothers, where he was a managing director and director of global research, overseeing 110 analysts located in New York, London, Tokyo and Hong Kong. As global research director, Fraenkel was responsible for managing the department's ascension in the Institutional Investor poll from a rank of 15th in 1987 to 1st in 1990, 1991, and 1992.
Prior to Lehman Brothers, Fraenkel was chairman and chief executive officer of Market America Group, an investment advisory firm. He also spent four and a half years as director of equity research and a member of the board of directors at Prudential Securities. Fraenkel began his Wall Street career in 1974 as a securities analyst with Goldman Sachs & Company, and was chief investment strategist for E. F. Hutton & Co. from 1980 to 1982.
Fraenkel is a member of the CFA Institute, New York Society of Security Analysts and the AIMR. He is a past chairman of the board of advisors of the College of Business and Economics of Lehigh University. Fraenkel guest lectures at Harvard Business School, Harvard Law School, Columbia University Business School and Lehigh University College of Business and Economics.
Fraenkel is married to Andrea Silberg Fraenkel and has three children, and six grandchildren. He resides in Boca Raton, Florida.
Myron Samuel Scholes is a Canadian–American financial economist. Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black–Scholes options pricing model. Scholes is currently the chairman of the Board of Economic Advisers of Stamos Capital Partners. Previously he served as the chairman of Platinum Grove Asset Management and on the Dimensional Fund Advisors board of directors, American Century Mutual Fund board of directors and the Cutwater Advisory Board. He was a principal and limited partner at Long-Term Capital Management (LTCM), a highly leveraged hedge fund that collapsed in 1998, and a managing director at Salomon Brothers. Other positions Scholes held include the Edward Eagle Brown Professor of Finance at the University of Chicago, senior research fellow at the Hoover Institution, director of the Center for Research in Security Prices, and professor of finance at MIT's Sloan School of Management. Scholes earned his PhD at the University of Chicago.
Lazard Inc. is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's largest independent investment bank, with principal executive offices in New York City, Paris and London.
Barron's is an American weekly magazine/newspaper published by Dow Jones & Company, a division of News Corp, since 1921.
The School of International and Public Affairs (SIPA) is the international affairs and public policy school of Columbia University, a private Ivy League university located in Morningside Heights, Manhattan, New York City. SIPA offers Master of International Affairs (MIA) and Master of Public Administration (MPA) degrees in a range of fields, as well as the Executive MPA and PhD program in Sustainable Development.
David Martin Darst, CFA, is an American financier, educator, author, and triathlete. For 17 years, he was a Managing Director and Chief Investment Strategist of Morgan Stanley Wealth Management, where he served as Vice Chairman of the Morgan Stanley Wealth Management Global Investment Committee. He was the founding President of the Morgan Stanley Investment Group, and the founding Chairman of the Morgan Stanley Asset Allocation Committee. Since 2014, he has served as an independent Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee.
Martin Steven Fridson is an American author known for his application of rigorous financial theory to the field of high yield bonds. He is also a philanthropist and an author in the subjects of financial reporting, financial history, and political economy. Fridson has been referred to as the "dean of high yield debt." He is currently chief investment officer of Lehmann, Livian, Fridson Advisors LLC, an investment firm based in New York, and publisher of Income Securities Investor newsletter. He lives on Manhattan's Upper West Side with his wife, Elaine Sisman.
Scott Jon Freidheim is an American businessman. He is the managing partner of Freidheim Capital.
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Jason Furman is an American economist and professor at Harvard University's John F. Kennedy School of Government and a nonresident senior fellow at the Peterson Institute for International Economics. On June 10, 2013, Furman was named by President Barack Obama as chair of the Council of Economic Advisers (CEA). Furman has also served as the deputy director of the U.S. National Economic Council, which followed his role as an advisor for the Barack Obama 2008 presidential campaign.
Robert Wolf is the former Chairman and CEO of UBS Americas as well as the president and chief operating officer of UBS Investment Bank.
Cogan, Berlind, Weill & Levitt, originally Carter, Berlind, Potoma & Weill, was an American investment banking and brokerage firm founded in 1960 and acquired by American Express in 1981. In its two decades as an independent firm, Cogan, Berlind, Weill & Levitt served as a vehicle for the rollup of more than a dozen brokerage and securities firms led by Sanford I. Weill that culminated in the formation of Shearson Loeb Rhoades.
Bruce R. (Robert) Berkowitz is an American equity fund manager and registered investment adviser. Berkowitz founded Fairholme Capital Management in 1997 and was formerly a senior portfolio manager at Lehman Brothers Holdings and a managing director of Smith Barney. Berkowitz was named 2009 Domestic-Stock Fund Manager of the Year and Domestic-Stock Fund Manager of the Decade by Morningstar, Inc.
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Peter A. Cohen is the chairman and CEO of Andover National Corporation, a public holding company. He was formerly the chairman and CEO of Cowen Inc., also known as Cowen & Company now TD Cowen. Prior to his current role, Cohen founded Ramius Capital Management in 1994, a $13 billion investment firm, which he merged with Cowen Inc. in 2009. Prior to this, Cohen was the chairman and chief executive officer of Shearson Lehman American Express from 1983 through 1991.
Carl Weinberg is an American economist. He is the founder, Chief Economist and managing director of High Frequency Economics, an economic research firm located in Valhalla, NY.
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Blockchain Capital is a venture capital company founded in 2013 by brothers Paul Bartlett Stephens and William Bradford Stephens. As the first, dedicated venture capital firm exclusively focused on investing across the blockchain ecosystem, Blockchain Capital is one of the most active and experienced venture investors in blockchain technology.
Jeffrey Chad Smith or Jeff Smith, is an American hedge fund manager who headed Starboard Value since April 2011. In 2014, William Cohan of Fortune called Smith "[t]he most feared man in corporate America."
Thomas A. Russo is an American attorney and former Wall Street executive. He served as vice chairman and chief legal officer of Lehman Brothers Holdings Inc. and as general counsel for American International Group (AIG), two of the companies central to the 2008-2009 global financial crisis.
http://www.dailyfinance.com/2013/01/03/fairholme-announces-appointment-of-fred-fraenkel-a/