Mon, Feb 8, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

John Havens joins Napier Park Global Capital as partner and non-executive chairman

Wednesday, January 15, 2014
Opalesque Industry Update - Napier Park Global Capital, a global alternative asset management firm, today announced that John P. Havens has joined the firm as partner and non-executive chairman.

"We are thrilled to welcome John to the Napier Park team," said Jim O'Brien, co-managing partner of Napier Park. "John is a seasoned, well-recognized 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." "We have known and worked with John for many years and we look forward to his guidance as we continue to build the business and expand our relationships with our institutional clients," added Jon Dorfman, co-managing partner and chief investment officer of Napier Park.

Most recently, Havens was president and chief operating officer of Citigroup, and was instrumental in stabilizing the firm in the wake of the 2008 financial crisis. Previously, he served as chairman of Citigroup Alternative Investments LLC following Citigroup's 2007 acquisition of Old Lane LP, 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 a long history of professional and civic leadership. Over the years, he 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. Currently, Havens is a director of Classroom, Inc., a director of the New York Genome Center and is a member of the advisory board for American Corporate Partners. He is also currently a member of the investment committee for Deerfield Academy. Havens holds a B.A. degree from Harvard University.

"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," said 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 March 1, 2013, and is majority-owned by the firm's employees.

About Napier Park Global Capital
Napier Park Global Capital is an independent alternative asset management firm that manages approximately $6 billion as of December 1, 2013. The firm offers a diversified product mix including hedge funds, bespoke client solutions, private investments, CLOs and structured credit to large, sophisticated institutional investors. Napier Park Global Capital has offices in New York, London and Dubai. km

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider