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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 venture fund for eight years and was until September 2015 the president and chief research officer of a Miami-based advisor of mutual funds. [1]
Fraenkel received a B.S. in economics and finance from Lehigh University, [2] 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. Before Fairholme, he was vice chairman of Beacon Trust Company in Morristown, New Jersey for three years and before 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.
Before 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, the 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 Chief Investment Strategist at Janus Henderson. 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, chairman of the Board of Economic Advisers of Stamos Capital Partners, 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.
Lehman Brothers Inc. was an American global financial services firm founded in 1850. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States, with about 25,000 employees worldwide. It was doing business in investment banking, equity, fixed-income and derivatives sales and trading, research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008.
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.
Roger G. Ibbotson is Professor Emeritus in Practice of Finance at the Yale School of Management. He is also chairman of Zebra Capital Management LLC. He has written extensively on capital market returns, cost of capital, and international investment. He is the founder, advisor, and former chairman of Ibbotson Associates, now a Morningstar Company. He has written numerous books and articles including Stocks, Bonds, Bills, and Inflation with Rex Sinquefield, which serves as a standard reference for information and capital market returns.
TD Cowen, is an American multinational investment bank and financial services division of TD Securities that operates through two business segments: a broker-dealer and an investment management division.
Mahmoud Mohieldin, is an economist with more than 30 years of experience in international finance and development. He is the UN Climate Change High-Level Champion for Egypt. He is an Executive Director at the International Monetary Fund. He has been the United Nations Special Envoy on Financing the 2030 Sustainable Development Agenda since February 2020. He was the Minister of Investment of Egypt from 2004-2010, and most recently, served as the World Bank Group Senior Vice President for the 2030 Development Agenda, United Nations Relations and Partnerships. His roles at the World Bank also included Managing Director, responsible for Human Development, Sustainable Development, Poverty Reduction and Economic Management, Finance and Private Sector Development, and the World Bank Institute; World Bank President's Special Envoy on the Millennium Development Goals (MDGs), the Post-2015 Development Agenda, and Financing for Development; and Corporate Secretary and Executive Secretary to the Development Committee of the World Bank Group's Board of Governors. Dr Mohieldin also served on several Boards of Directors in the Central Bank of Egypt and the corporate sector. He was a member of the Commission on Growth and Development and was selected for the Young Global Leader of the World Economic Forum in 2005. His professional experience extends into the academic arena as a Professor of Economics and Finance at the Faculty of Economics and Political Science, Cairo University and as a visiting professor at several renowned Universities in Egypt, Korea, the UAE, the UK and the USA. He is a member of the International Advisory Board of Durham University Business School. He also holds leading positions in national, regional and international research centres and associations. He has authored numerous publications and articles in leading journals in the fields of economics, finance and 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.
Scott Jon Freidheim is an American businessman. He is the managing partner of Freidheim Capital.
Lewis A. "Lew" Sanders is an American investment manager, who is the founder, CEO and Co-CIO of Sanders Capital, a value-oriented investment manager serving institutional and high-net-worth clients. Formerly, he was the Chairman of the Board and Chief Executive Officer of AllianceBernstein. He left this position in December, 2008.
James "Jim" Cracchiolo is Chairman and Chief Executive Officer of Ameriprise Financial, Inc., a leading diversified financial services company serving the comprehensive financial planning needs of the mass affluent and affluent. He has held these positions since September 2005, when the company was spun off from American Express. From 2003 to present, he has also been Chairman of Threadneedle Asset Management, a London-based global asset management firm.
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.
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.
Needham & Company, LLC is an independent investment bank and asset management firm specializing in advisory services and financings for growth companies. Needham & Company is a wholly owned subsidiary of The Needham Group, which also operates a private equity investment business and an investment management business.
Sadeq Sayeed is a Pakistani-born British banker and businessman. He is known for his role behind Nomura's acquisition of the Europe, the Middle East and Africa (EMEA) businesses of Lehman Brothers in Oct 2008.
Richard Greco Jr. is an American businessman, educator, former United States Government official, and long-standing trustee and benefactor of educational, cultural, and civic institutions. He was appointed by President George W. Bush of the United States and confirmed by the Senate as the nation's 19th Assistant Secretary of the Navy and served from 2004 to 2007.
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.
Rodger Russell Krouse is an American businessperson who co-founded Sun Capital Partners, Inc., an American investment firm based in Boca Raton, Florida, United States.
Glenn H. Schiffman is an American businessman, philanthropist, and Chief Financial Officer of Fanatics. He was appointed to the position at Fanatics in August 2021, following his tenure as Chief Financial Officer at IAC. Prior to IAC, he was a Senior Managing Director at Guggenheim Securities. Schiffman is on the Board of Directors of Match Group and Angi Inc. He is chairman of Vimeo.
Thomas A. Russo is an American attorney and former Wall Street executive. He was vice chairman and chief legal officer of Lehman Brothers and general counsel for American International Group (AIG), two of the companies that played a major role in the 2007–2008 financial crisis.
http://www.dailyfinance.com/2013/01/03/fairholme-announces-appointment-of-fred-fraenkel-a/