John Havens joins Napier Park Global Capital as partner and non-executive chairman
Alternative asset management firm Napier Park Global Capital has appointed John P Havens as partner and non-executive chairman.
“We are thrilled to welcome John to the Napier Park team,” says Jim O’Brien, co-managing partner of Napier Park. “John is a seasoned, well-recognised leader in the financial services industry who has always stood for integrity and creating the best solutions to meet the needs of his clients. Our team will benefit greatly from the full range of his management talent and experience.”
Most recently, Havens (pictured) was president and chief operating officer of Citigroup and was instrumental in stabilising the firm in the wake of the 2008 financial crisis. Previously, he served as chairman of Citigroup Alternative Investments following Citigroup’s 2007 acquisition of Old Lane, a multi-strategy hedge fund and private equity fund he co-founded in 2006.
Prior to his tenure at Citigroup, Havens was with Morgan Stanley for almost two decades, ultimately ascending to the role of global head of the institutional equity division and a member of the firm’s management committee. Havens joined Morgan Stanley in 1986 as a principal in institutional equity and began his career in 1979 as a trader of convertible securities at Kidder Peabody.
Havens has served numerous NYSE committees and been on the board of directors for the Nasdaq market. His philanthropic activities focus on the areas of education, medical research and veterans.
“Having seen what Jim, Jon and their team have been able to build, in addition to my familiarity with their management style as a result of our years together at Citigroup, made joining Napier Park an easy decision,” says Havens. “The innovative and tailor-made investment solutions they are able to devise are precisely what institutional clients are looking for today and I look forward to supporting the further development of the Napier Park business over the coming years.”
Napier Park Global Capital completed its spinout from Citigroup on 1 March 2013 and is majority-owned by the firm’s employees.
- By Category
- News from other sites
- Special Reports