Even though the paper industry is contracting, it will stabilize, Cyr says. Penn Capital is not in any way responsible for the content of any externally linked website or webpage. It got zero response. Fortunately for Thermogen Industries, the stringent environmental laws in Europe are forcing industrial plants to seek energy alternatives to traditional pollution-creating energy sources. Our privacy policy, Businesses grapple with evolving social media rules, The U.S. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. His investing and institutional non-investment grade corporate lending experience spans over 40 years. Mr. Maguire chairs the Credit Risk Committee and serves as a Senior Portfolio Manager for Penn Capitals Short Duration, Defensive High Yield and Opportunistic High Yield strategies. EPAs Proposed 2017 General Permit Regulating Stormwater Discharges from Construction Activities, Commerce and Industry Association of New Jersey/Environmental Business Council Fall Conference: Navigating Environmental Land Use Issues When Remediating Sites, Remedial Investigation Extension Bill Adopted, NAIOP Energy Series Seminar: Solar/Renewable Energy Systems, Brownfield Coalition of the Northeast (BCONE), Board Member and Advisory Council Member, NAIOP New Jersey Chapter, Energy and Sustainability Committee, Past Co-Chair; Education Committee, Past Co-Chair; Regulatory Affairs Committee, Member, Urban Land Institute, Northern New Jersey Council, Membership Committee, Past Co-Chair; Executive and Sustainability Committees, Member. "All of the stuff that had to do with the paper business actually was the same for what we needed for Thermogen.". Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. Both mills have inefficiencies related to their machinery and energy usage, Cyr says. "Thermogen is going to be successful financially with or without the paper business, and the paper business is going to be successful with or without Thermogen.". Work Biography for Robert Crespi, Maplelane Capital. Fund profile, real-time performance, founders, 13-F holdings, positions and investment strategy. Mr. Paciello received a BS from Babson College and an MBA from Villanova University. Crespi: Robert: Street Address 1 Street . 13F filing from MAPLELANE CAPITAL, LLC, enter your Torrefied wood is not a new technology. LongRange will invest between $50 million and $400 million in target companies via majority, minority, and joint venture stakes. degree and a Certificate in Environmental Law. "All the things that were up in the Millinocket/East Millinocket area, from the infrastructure to the wood basket to the employees all of it was in sync with what the Thermogen business was all about," says Cyr. Mr. Tesoriero received a BA from Cornell University, an MBA from the Robins School of Business at The University of Richmond, and a JD cum laude from the T.C. The $3 billion hedge fund lost 2.7% last month and is down 39% for . Founded in 2010, Maplelane Capital is a hedge fund management company that focuses on short term equity invesments. He serves as the Chief Financial Officer for the Ethel Mae Hocker Foundation. There isnt anyone with the role of looking for and bringing in new clients on behalf of the firm. The only and largest group of clients of Maplelane Capital is pooled investment vehicles with 4 clients and $3.31 billion of assets under management. Previously, he held positions at DuPont Capital Management as an Alternative Investment Analyst and at FactSet Research Systems as an Investment Management Consultant. divided by the total MV of the fund. Read More. Chief Operating Officer, Spouting Rock Asset Management. He is responsible for financial reporting, budgeting, strategic planning, and analysis and oversees the audit process for both public and private funds. The firm's AUM has grown by 752% since the beginning of its operation, and $775.22 million of the total AUM is attributable to clients outside of the United States. To reopen the mill and restart its "big, beautiful, very unbelievably great machine for supercalendered paper," requires the construction of a natural gas line, says Cyr, something Gov. While at Aberdeen, he held additional roles including CCO for the North American closed end funds and Chief Financial Officer for Aberdeen in the Americas. Hmmm Track the AUM, funds, and holdings for Maplelane Capital LLC over time. Corner Office. Maplelane Capital's largest holding is ARK Innovation ETF- with shares held of 3,990,000. He received a BS in Civil Engineeringsumma cum laudefrom Tufts University and an MBA from the Yale School of Management. The company plans to deploy as many as five torrefaction machines in Millinocket beginning this year. 2023 CSG Law. Paul LePage's office approached the Portsmouth . Beyond Penn Capital, Mr. Silva serves on the Investment Committee of the Valley Forge Military Academy. When completed, an email will be sent to the email address you specify Prior to joining Penn Capital, Mr. Green was with the Royal Bank of Scotland and the United States Securities and Exchange Commission where he served as a financial analyst in the Division of Investment Management. Robert S. Crespi: Managing Member: March-2012: Fundamental & Technical Factor Exposure Market Cap: Beta: Volatility: Momentum (12M) Momentum (6M) Momentum (3M) Michele Reing, who has been at Carlyle since 2011, most recently as its deputy head of fund management, joined LongRange Capital in October, its form ADV shows. He is skilled at managing a diverse group of product teams by successfully translating business requirements into technology solutions maximizing efficiencies allowing for scalable and repeatable growth. You are limited to the prior 8 quarters of 13F filings. For two years, Cate Street had been looking for a home for another of its businesses, Thermogen Industries, to produce torrefied wood, a pellet-type fuel that industrial customers can use in lieu of or in combination with coal. He received a BSBA cum laude from American University and an MBA from the Yale School of Management. He received a BA in Organizational Behavior and Management from Brown University. Hedge fund Maplelane Capital, run by Leon Shaulov and Rob Crespi, fell about 33% this month through Tuesday, hurt by its short positions such as GameStop, The $3.5b hedge fund altered its portfolio recently to. Rob graduatedcum laudefrom the Pace University Elisabeth Haub School of Law, where he received a J.D. The last significant event in the company history is VOLUNTARY DISSOLUTION which is dated by 2/27/2022. This website uses cookies to improve your experience. He currently serves as Director of Investment Services with responsibility for overseeing the firm's middle-to-back office processes, client reporting, and client service functions. He received a BA in Accounting from Rutgers University and is a Certified Public Accountant. 11/26/2022 5:41 AM. . Torrefied wood production is nothing short of being a fantastic opportunity for this region, says Eugene Conlogue, Millinocket's town manager. Maplelane Capital, the hedge fund that lost 45% in January in part by shorting GameStop Corp., is starting to recover. Find contact's direct phone number, email address, work history, and more. Mr. Keane received an AAS in Electrical Engineering from the Radio Electronic Television School, aBS in Information Technology Management, and an MBA, both from The University of Phoenix. Confident that it could make the economics work, Cate Street in September purchased both mills for an undisclosed price from Brookfield. Mr. Keane has over 31 years of experience in the engineering and technology industries and holds numerous Information Technology industry certifications. The principal office where Maplelane Capital LLC performs its advisory services is located at 51 Astor Place, New York, NY 10003, which is also the mailing address of the firm. . Blue Sky Digital Outdoor Advertising Fund Fund Data, Sarasin Ie Global Equity Opportunities (Usd) Fund Data, Themelios Ventures Ii-A, L.P. Fund Data. Each machine is expected to cost $35 million and produce roughly 100,000 tons of torrefied wood pellets a year to send to the United Kingdom where environmental laws are forcing coal-burning facilities to look for energy alternatives, according to Tranchemontagne. They seem to have a good handle on what they're trying to do and how to do it. LongRange was founded by Robert Berlin, who was briefly a partner at Navab Capital before its founder, Alex Navab, died unexpectedly in 2019. for Q4 2022: commodity pool operator or commodity trading advisor, Percentage of assets under management,Performance-based fees, CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER. Andrew joined Spouting Rock in 2018 bringing over 30 years of industry experience. The information contained herein: (1) is proprietary to Symmetric and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Afree guide to job and career opportunities in Maines essential industries. On average, the discretionary accounts where all decisions are made on behalf of the client hold $827.39 million each. Address: 51 Astor Place, 10th Floor, New York, NY, 10003, United States. In order to use this feature, we need some information from you. Robert Crespi Full Name: Robert Steven Crespi Company: Maplelane Capital LLC Industry: Hedge Fund Position: Managing Member Ownership Type: Individual Date Status Acquired: 03/01/2012 Ownership Stake: 25% to 50% Employment Details Company/Fund Name: Maplelane Capital LLC Address: 51 Astor Place, 10th Floor, New York, NY, 10003, United States This will schedule a job to export all requested 13f holdings data for this filer. Senior Research Analyst, Assistant Portfolio Manager, Partner. To make sure we give you all the details you need, our professional services team is available to you. *No aspect of this advertisement has been approved by the Supreme Court of New Jersey. SEC form, multiple filers or classes of filers, and much more.***. LENAPE CAPITAL LLC has been set up 6/26/2018 in state FL. Robert Crespi has served as Managing Member of Maplelane Capital LLC since 2012. This lets you look at individual sub managers or subsidiaries within Last Update. The firm. The economics of the situation is why it hasn't been tried in Maine, Rice says. His primary areas of coverage is the Technology and Telecommunications sectors. This hyperlink is being provided as a convenience and for informational purposes only. Cyr even traveled to Europe to line up potential new customers for the newsprint produced in the East Millinocket mill. 212-235-0800 212-235-0829 Many people have been burned by frauds and Ponzi schemes. He also serves as a Senior Research Analyst for the firm in charge of covering the Industrial and Material sectors. Maplelane Capital is part of the Finance industry, and located in New York, United States. Robert S. Crespi: Managing Member: March-2012: John M. Quinlan: Chief . According to his LinkedIn profile, Berlin officially launched LongRange in December 2019. He represents a diverse client base in complex transactional and development issues, as well as in regulatory, compliance and litigation matters. Michele Reing, who has been at Carlyle since 2011, most recently as its deputy head of fund management, joined LongRange Capital in October, its form ADV shows. Rob assists clients in the national retail, industrial and residential sectors with the purchase and sale of environmentally impaired properties, including Brownfields development and remediation, New Jersey ISRA compliance, negotiating and overseeing projects entering into the New York Brownfield Cleanup Program and the New York City OER, coordinating due diligence, and negotiating environmental insurance and funding mechanisms to facilitate transactions and redevelopment. If you have an ad-blocker enabled you may be blocked from proceeding. Maplelane Capital Llc has 1.2 BN in AUM and delivered -7.6% in StockAlpha performance. It can be traced back to the 1800s and was even used by the German Army during World War II to power some of its vehicles, according to Robert Rice, a professor of wood science at the University of Maine who has worked with torrefaction in his lab for the past eight or nine years. He is a transformative leader dedicated to creating data-driven solutions with exceptional analytical problem-solving and decision-making skills. Robert Steven Crespi is an employee with Maplelane Capital LLC, a hedge fund company. Robert Crespi works as a Trader at Maplelane Capital, which is a Venture Capital & Private Equity company with an estimated 11 employees; and founded in 2014., their management level is Non-Manager. But our view is we can make a lot of money, but at same time make a difference in the world. Mr. McBride has over 20 years of operational and managerial experience including serving as a Vice President and Controller with the NCO Group, Inc., a leading global provider of business process outsourcing solutions. According to its Form ADV filed in July 2021, Maplelane had regulatory assets under management of approximately $5.6 billion. 51 Astor Pl Fl 10, New York, New York, 10003, United States, Chief Operating Officer & Chief Financial Officer, Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Maplelane Capital headquarters are located in 51 Astor Pl Fl 10, New York, New York, 10003, United States, Maplelane Capitals main industries are: Finance, Venture Capital & Private Equity, Finance, Maplelane Capital appears in search results as Maplelane Capital, Maplelane Capital LLC, Maplelane Domestic Fund LP, llcMaplelane Capital LLC, Maplelane 1719 Fund LP, Get Free Access to Maplelane Capital Contacts Info. However, its plans came to light in December after the company announced it had spent $20 million to acquire the North American rights from a Scottish company to a microwave-based technology that produces torrefied wood. ), Initially, when the company emerged as a potential buyer of the mills, it didn't broadcast its plans for Thermogen Industries; it only vaguely referred to a renewable energy project. He currently serves as a Senior Portfolio Manager for Penn Capitals Micro Cap and Small Cap Value equity strategies. View the latest funds and 13F holdings. A spokesperson for LongRange declined to comment. They found this market for this paper before they bought the mills. In September, Annette Rodriguez, who was a partner at Navab, co-founded MKH Capital Partners, a private equity firm backed by two families: the Mottas and the Kazmas. Investing involves risk including loss of principal. His primary areas of coverage are the Consumer Discretionary and Staples sectors. moments. ? password ? Thermogen plans to send the torrefied wood produced in Millinocket to the United Kingdom, says Richard Cyr, senior vice president of Cate Street and CEO of Great Northern Paper. She also serves as the President of the Ethel Mae Hocker Foundation and received a BS in Education from Rollins College. Real Estate, Development & Land Use, Qualified Opportunity Zones As a member of the Equity Risk Committee, Mr. Green works closely with the equity portfolio management team to contribute ideas specifically in the micro to mid-capitalization range. On top of advisory services, the firm doesn't engage in other business activities. Background Maplelane Caused Regulation SHO Violations In East Millinocket, Great Northern is "very aggressively attacking every area to create efficiencies and to modernize and to invest in that paper mill so it's sustainable in the long term," he says. The company`s management are M, E, M, B - Adrian James, M, E, M, B - Berlin Robert. We both grew up in Manhattan and have been friends since eighth grade. Alt Turnover is calculated by taking either the total MV of new purchases or Maplelane Capital LLC - Assets, Funds, Holdings. Namely, two hedge funds. You can reach the main office by calling the phone number 212-235-0800 or by fax 212-235-0829. Mr. Silva began his career with Penn Capital in 2002 as a Research Analyst focused on technology and industrial companies. While at Pace, he authored a land use article that was published in thePace Environmental Law Review. Robert Crespi has an ownership stake in Maplelane Capital LLC of between 25% and 50%. Robert Crespi is a member of the firms Environmental and Renewable Energy and Sustainability Groups. The advisory firm has several streams of revenue. Mr. McLaughlin joined Penn Capital in 2011 as Operations Manager. View Robert Crespi's business profile as Trader at Maplelane Capital. Prior to joining Penn Capital, Mr. Bolen was a Senior Equity Research Associate at Raymond James Financial in St. Petersburg, FL covering the Consumer sector. Maplelane invests primarily in the information technology sector and is headquartered out of New York, New York. At Penn Capital, our employees are not only skilled investment management industry professionals, many are also owners of the firm. The assets under management (AUM) of Maplelane Capital LLC is $3.31 billion, all of which is managed in discretionary accounts. It doesn't provide financial planning services to its clients. By providing a hyperlink to an external website or webpage, Penn Capital shall not be deemed to endorse, recommend, approve, guarantee or introduce any third parties or the services/products they provide on their websites, or to have any form of co-operation with such third parties and websites unless otherwise stated by Penn Capital. It will be around, I think, for a very long time if we're successful in a lot of the initiatives that we're putting in place," Cyr says. The contracts Cyr inked in Europe allowed the company to quickly rehire nearly 225 employees to reopen the East Millinocket mill, which Brookfield had idled since last April, putting roughly 450 people out of work. It has been registered with the SEC as an adviser since 2012. This special publication examines the startup infrastructure in Maine and the resources available to help entrepreneurs at the various stages of the startup journey. The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofits mission and work. . In October, it began construction on a 75 MW biomass plant in Berlin, N.H., at the site of the former Fraser Papers pulp mill. Mr. Hocker received both his BS in Accounting and an MBA in Finance from the Kogod School of Business at American University. Maplelane Capital - Asset Management Observer Maplelane Capital For full access to AMObserver including all jobs, executives, news, AUM, and employee count history subscribe now. LENAPE CAPITAL LLC has been set up 6/26/2018 in state FL. Meanwhile, the Kazmas developed and operated cable systems in North and Latin America. We won't be able to get it started. For instance the company is analyzing its energy use to reduce costs; assessing the wood-yard equipment; and adopting a lean manufacturing method to reduce variations in production. However, Cyr cautions, that does not mean their futures' are dependent on each other. In October 2010, it opened the Red Desert Water Reclamation Center in Wyoming to treat water from nearby oil and gas-drilling operations. The company employs 17 people that are either part- or full-time employees. We're there for the long term and everything we're doing is about reinvesting into that area and those paper mills, as well as the Millinocket site for Thermogen. Clients pay Maplelane Capital LLC for their services and products based on a percentage of assets under management and performance-based fees. Robert Crespi is a Trader at Maplelane Capital based in New York, New York. 82 percent of the employees work as investment advisers or researchers. The amount of regulatory assets under management is $3.31 billion for 4 clients. Compare against similar firms. Andrew also enjoys golf, swimming and traveling with his family. Leon Shaulov and 56 Leonard Street (YJP, Matt Clare/Wikimedia) Leon Shaulov, founder of hedge fund Maplelane Capital, has found a buyer for his lofty . MAPLELANE OFFSHORE FUND, LTD. - fund raising filing MAPLELANE OFFSHORE FUND, LTD. Industry: Pooled Investment Fund (See others in industry) Address: Intertrust Corporate Svcs (Cayman) Ltd One Nexus Way, Camana Bay Grand Cayman, E9, KY1-9005 Phone: 212-235-0800 Filings And when it does, the mill will be strategically placed at the entrance to the wood basket and to ship out product via rail domestically or internationally via Searsport, Cyr says. In addition, Mr. Silva has focused on several distressed debt situations, successfully completing a reorganization through serving on the official committee of creditors. He is an experienced leader with over 35 years in the asset management business, including time with The Vanguard Group, Rose Glen Capital, Gartmore Global Investments and Aberdeen Asset Management. The company`s registered agent is Berlin Robert 2020 Gordon Drive, Naples, FL, 34105. Prior to joining Penn Capital, Mr. Braunfeld was a Portfolio Manager of a high yield BB-rated bond portfolio for First Niagara Bank. Prior to joining Penn Capital, Mr. Tesoriero was a Research Associate at CRT Capital focusing on distressed debt, equity and high yield research for the Media and Telecommunications sectors. help protect against more losses and has no margin issues, Bloomberg said, citing investors. ROBERT STEVEN CRESPI. Navab Capital Set to Wind Down Following Founders Death, Former KKR Manager Creates Private Equity Firm Navab Capital, U.S. Senate Has HELP for Retirement Plans, Modern Slavery Act Transparency Statement. Mr. Braunfeld began his career with Penn Capital in 2015 and serves as an Assistant Portfolio Manager for Penn Capitals Short Duration credit strategies. Robertson Stephens is composed of a diverse team of accomplished leaders in finance, planning and investment advisory services. Founded in 2010, Maplelane Capital is a hedge fund management company that focuses on short term equity invesments. But the company, which focuses on "new, green, sustainable technology," according to Cyr, took a look at the mills anyway. He also served as the first high yield bond manager for several institutional clients including General Motors, State of Vermont Teachers Retirement Association, and Colorado Fire and Police. All rights reserved. Due to our new system upgrade, we are requesting all existing users to update their password. 50% of the firms clients are foreign persons or businesses. Maplelane invests primarily in the information technology sector and is headquartered out of New York, New York. In November 2019, when Institutional Investor last reported on Navab, Berlins plans were still not publicly known. MAPLELANE OFFSHORE FUND, LTD. Street Address 1 Street Address 2; INTERTRUST GROUP: 190 ELGIN AVENUE: . John M. Quinlan is Chief Compliance Officer, Chief Financial Officer at Maplelane Capital Llc and has been affiliated with Maplelane Capital Llc since November-2014. Join the world's top companies using Zoominfo . Mr. Green serves as a Senior Portfolio Manager for Penn Capitals Small Cap, Small to Micro Cap, Small to Mid Cap and Mid Cap equity strategies. Paul LePage has proposed be built within the next two years. The managers's latest filing has disclosed 298MM in positions, which represents 26% of the manager's regulatory AUM. This acquisition added Penn Capital to SRAM's multi-manager boutique platform of shared services and complementary investment solutions. Ex-Navab Capital Partner Hires Carlyle Exec for New Firm, This content is from: People moves and Hedge Fund launches included with a premium subscription. The Motta familys patriarch, Stanley Motta, is the son of Alberto Motta Cardoze, who was considered one of the founding fathers of duty-free shops in South America. The plan seems to be working. It leads to a website published or operated by a third party not affiliated with, or in any way related to, Penn Capital. You must have a subscription to view WhaleScore histories. Prior to joining Penn Capital, Mr. Paciello was a Research Analyst at Standish Asset Management focused on high yield and distressed securities within the cable media, telecommunications, paper and packaging, and healthcare sectors. 51 ASTOR PLACE, 10TH FLOOR NEW YORK, NY . The company`s registered agent is Berlin Robert 2020 Gordon Drive, Naples, FL, 34105. Related Persons. "The company's mission is to really be in this green, sustainable arena and bring this new technology to commercial operation quickly, but by doing so employ a lot of people, make a difference in the environment, make a difference in our economy and make a difference in the world," Cyr says. This can take a few By clicking submit you are agreeing to our cookie usage and Privacy Policy, This website uses cookies to ensure you get the best experience on our website. Paul LePage's office approached the Portsmouth-based company last summer about purchasing the mills both of which had been closed by their previous owner, Toronto-based Brookfield Asset Management the inquiry wasn't greeted with enthusiasm. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. We believe this structure leads to continuity and consistency across all areas of our firm and ensures our interests are aligned with those of our clients. Feel free to get in touch with us at the address below or use the form to request information. All text and design is copyright 2020 WhaleWisdom.com. The $3.5 billion New York-based hedge fund Maplelane Capital fell 33% last month due to its short bets on several stocks including GameStop (NYSE: GME).Founded in 2010 and run by Leon Shaulov and . "We take our commitment to that business very seriously," Cyr says. We take your privacy seriously. Other machines will follow, depending on the market and other factors, he says. Prior to joining Penn Capital, Mr. Civera was a Research Analyst for AlphaOne Capital Partners where he covered Technology and Renewable Energy. "We're approaching it in a very different way.". Mr. Pickles began his career with Penn Capital in 2022. ", The whole process has instilled confidence in Eugene Conlogue who, as town manager of Millinocket for the past 12 years, has watched three companies fail at running the mills Bowater Corp. (1991-1999); Inexcon (1999-2002); and Brookfield (2003-2011). He also gained experience working for Morgan Stanley in Clearwater, FL as a financial advisor. https://www.linkedin.com/company/maplelane-capital-llc/about/ Their last reported 13F filing for Q4 2022 included $963,237,816 in managed 13F securities and a top 10 holdings concentration of 67.8%. Robert S. Crespi is Managing Member at Maplelane Capital Llc and has been affiliated with Maplelane Capital Llc since March-2012. "We're certainly keenly aware of the pitfalls of the past with people who have tried to run that paper mill and we believe we've learned from the mistakes of others," Cyr says. Prior to joining Penn Capital, he conducted private equity research for AMS Inc. and was a senior audit associate for PricewaterhouseCoopers LLP. Venture Capital & Private Equity, Finance. Andrew began his career with Murray Johnstone (later acquired by Aberdeen) where he held a number of financial roles before transferring to their US subsidiary. It has been registered with the SEC as an adviser since 2012. Robert S. Crespi is Managing Member at Maplelane Capital Llc and has been affiliated with Maplelane Capital Llc since March-2012. Previously, he held positions at Bank of America Merrill Lynch and Janney Montgomery Scott.
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