Thu, Mar 5, 2015
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. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  2. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  5. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his