"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.". Sec Form D/A The fund seeksto invest in European and North American companies with revenues of more than $200 million, thefirms websiteshows. Robert Crespi - I graduated the University of Wisconsinin 2004 with a major in finance and is currently working in the equity sales division of Monness, Crespi, Hardt & Co., Inc. an equity brokerage firm in mid-town Manhattan. GameStop lead to a lot of hedge-fund headaches in January. Fund profile, real-time performance, founders, 13-F holdings, positions and investment strategy. 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. He has over 20 years' experience working in the financial markets with a focus on equity and credit research. Prior to joining Penn Capital, he was a Fixed Income Credit Analyst at The Swarthmore Group specializing in investment grade and high yield credit. Robertson Stephens is composed of a diverse team of accomplished leaders in finance, planning and investment advisory services. Maplelane Capital is a hedge fund with 5 clients and discretionary assets under management (AUM) of $4,088,736,085 (Form ADV from 2022-05-06). You can also login or register for a free account. It makes you wonder: If they can find that market, why couldn't previous owners find that same market? 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. Robert Crespi. Stocks and cryptocurrency portfolio tracker, Chief compliance officer, chief financial officer. The company`s management are M, E, M, B - Adrian James, M, E, M, B - Berlin Robert. Robert Berlins LongRange Capital also snagged a $1.5 billion investment from CalPERS. 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 also gained experience working at Lehman Brothers within its high yield loan portfolio group from 2004 - 2011. Is this happening to you frequently? Past performance and skill metrics are no guarantee of future results. 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. View Robert Crespi's business profile as Trader at Maplelane Capital. Maplelane Capital - Overview, News & Competitors | ZoomInfo.com 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. Robert S. Crespi of Maplelane Capital Llc - Profile - symmetric.io *No aspect of this advertisement has been approved by the Supreme Court of New Jersey. . Corner Office. When Gov. the 13F filing. Robert is Managing Member and has served as Managing Member since 03/01/2012. They found this market for this paper before they bought the mills. Intellectual Property Enforcement & Litigation, Intellectual Property Licensing, Transactions & Due Diligence, Data & Privacy Crisis Management and Regulatory Counseling, Brownfield Coalition of the Northeast: 2021 Northeast Sustainable Communities Workshop, CSG Law Alert: NJDEP Shifts Approach to Remediation in Revised Remediation Standards, NJSWEP: Environmental Due Diligence & Remediation in the World of COVID-19, Brownfield Coalition of the Northeast: Nuts and Bolts of New Jerseys New Brownfield Tax Incentives and Loan Program, CSG Law Alert: New Brownfields Redevelopment Incentive Programs in New Jersey, CSG Law Alert: Dirty Dirt Law Expands DEP Enforcement Authority Model Ordinance Requires Unspecified Soil Sampling, CSG Law Alert: Trump Administration Proposes Significant Revisions to NEPA Regulations. Andrew earned a BS in professional and liberal studies from Saint Josephs University. Performance numbers calculated through 2023-02-14. 4.4/5 on . You can reach the main office by calling the phone number 212-235-0800 or by fax 212-235-0829. Mr. McLaughlin has over 15 years of experience in the investment management industry and prior to joining Penn Capital was a Director with Evergreen Investments Global High Yield team, serving as a Trader and Portfolio Analyst. All text and design is copyright 2020 WhaleWisdom.com. Award Methodology 50% of the firms clients are foreign persons or businesses. "It's not that we're not about making money we are. The firm doesnt compensate employees in addition to the salary for bringing in new clients. ), 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. Robert S. Crespi: Managing Member: March-2012: John M. Quinlan: Chief Compliance Officer, Chief Financial Officer: November-2014: But our view is we can make a lot of money, but at same time make a difference in the world. 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. On average, the discretionary accounts where all decisions are made on behalf of the client hold $827.39 million each. Maplelane Capital Location 51 Astor Pl Fl 10, New York, New York, 10003, United States Description Industry Renewable Energy & Sustainability. 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 In November 2019, when Institutional Investor last reported on Navab, Berlins plans were still not publicly known. 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. Please do not leave this page until complete. The current status of the business is Active. 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. People moves and Hedge Fund launches included with a premium subscription. Beyond Penn Capital, Mr. Silva serves on the Investment Committee of the Valley Forge Military Academy. Leon Shaulov of Maplelane Capital Llc - Profile - symmetric.io 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. Robert Crespi is a member of the firms Environmental and Renewable Energy and Sustainability Groups. (212) 235-0800 Company Maplelane Capital Colby Dunn Current Workplace Colby Dunn has been working as a Senior Analyst at Maplelane Capital for 2 years. Hedge Fund Maplelane Loses About 33% on Short Bets This Month moments. Background Maplelane Caused Regulation SHO Violations "We absolutely have to have a natural gas line [to Millinocket]," Cyr says. "And I guarantee you we will be successful at them. Maplelane Capital - Leon Shaulov assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey Mr. McBride is responsible for the oversight of the Penn Capitals finance, operations, technology, and administration functions and serves on the firms Executive Team, which oversees the firm's overall corporate strategy and management. The firm was shut down soon after his death. Their last reported 13F filing for Q4 2022 included $963,237,816 in managed 13F securities Prior to joining Penn Capital, Mr. Braunfeld was a Portfolio Manager of a high yield BB-rated bond portfolio for First Niagara Bank. Hes been an active member of The Money Management Institute and has held various leadership positions within the Technology/Operations Committee. Prior to joining Penn Capital, he was Vice President of Business Technology for Rittenhouse Financial Services and later, Vice President of Managed Assets Business Technology for Nuveen Investments. Attorney Advertising. Previously, he held positions at DuPont Capital Management as an Alternative Investment Analyst and at FactSet Research Systems as an Investment Management Consultant. Prior to DIA, Mr. Hocker trained as a corporate lender and supported key senior lenders at Provident National Bank, which is now PNC Bank, a top 20 US Banking institution. 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. Before joining Carlyle, Reing worked in the hotel investment industry, holding senior roles at Interstate Hotels & Resorts and CapStar Hotel Company. MAPLELANE OFFSHORE FUND, LTD. - fund raising filing - Form Ds He also gained experience working for Gartmore Global Investments as a Research Analyst focused on high yield and distressed securities, and W.R. Huff Asset Management, an asset manager specializing in high yield securities, as a trader and an analyst focused on high yield and equity securities. Issuer's Identity 2. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. He received a BA in Organizational Behavior and Management from Brown University. But the company, which focuses on "new, green, sustainable technology," according to Cyr, took a look at the mills anyway. ", The Millinocket mill, however, is in worse shape. After four years, in 2015, she became the companys global corporate controller, a bio on the private equity firms website shows. Mr. Keane has over 31 years of experience in the engineering and technology industries and holds numerous Information Technology industry certifications. "If you learn anything about Cate Street, it's that they want to build a better mousetrap," says Scott Tranchemontagne, the company's spokesperson. Hedge Fund Maplelane Is Clawing Way Back From GameStop Losses Hmmm Environmental An investment firm founded by an ex-Navab Capital Partners executive has tapped a senior Carlyle Group employee to work as its chief financial and operating officer. If you're happy with cookies click proceed. The LENAPE CAPITAL LLC principal address is 2020 Gordon Drive, Naples, FL, 34105. Andrew Smith serves as Chairmanand is responsible for the SRAM division of Spouting Rock. Entering text into the input field will update the search result below. He is responsible for financial reporting, budgeting, strategic planning, and analysis and oversees the audit process for both public and private funds. A spokesperson for LongRange declined to comment. But truncating the process produces torrefied wood, which can be burned like coal and produces between 5% and 10% more energy than straight wood, Rice says. Maplelane Capital Llc is a hedge fund that manages 1.2 BN dollars in regulatory AUM and has 10 employees, of which 8 perform investment advisory functions. 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 (NYSE: GME), according to a Bloomberg. Berlin isnt the only ex-Navab employee to recently launch an investment firm. Director of Investment Services, Senior Partner. Maplelane Capital is based out of New York. Maplelane Capital LLC - Assets, Funds, Holdings. Please. 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 . 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. Previously, he held positions at Bank of America Merrill Lynch and Janney Montgomery Scott. 2019 Northeast Sustainable Communities Workshop, CSG Law Alert: New Jersey Proposes Nations Toughest PFAS Standards, CSG Law Alert: New Jersey Says No to Forever Chemicals. Cate Street Capital was founded three years ago with a mission to invest in technologies that are green, sustainable and scalable, Cyr says. This hyperlink is being provided as a convenience and for informational purposes only. Alt Turnover is calculated by taking either the total MV of new purchases or Ex-Navab Capital Partner Hires Carlyle Exec for New Firm Robert Crespi has an ownership stake in Maplelane Capital LLC of between 25% and 50%. The assets under management (AUM) of Maplelane Capital LLC is $3.31 billion, all of which is managed in discretionary accounts. We both grew up in Manhattan and have been friends since eighth grade. He received a BSBA in Accounting from Bucknell University and an MBA from Loyola College in Maryland. Maplelane Capital, LLC | 301 followers on LinkedIn. LongRange was founded by Robert Berlin, who was briefly a partner at Navab Capital before its founder, Alex Navab, died unexpectedly in 2019. However, he says if anybody is going to be able to do that process effectively using existing energy sources to do the torrefaction, it certainly would be a pulp and paper plant.. 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 . "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. Principal Place of Business and Contact Information 3. Prior to SRAM, he was the co-head of Americas and Chief Operating Officer for Aberdeen Asset Management Inc. Mr. Tesoriero began his career with Penn Capital in 2015 and serves as an Assistant Portfolio Manager for Penn Capitals Defensive High Yield and BB credit strategies. The firms first fund has since garnered a $1.5 billion investment from the California Public Employees Retirement System, a document for the retirement systems upcoming November 16 meeting 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. He is a transformative leader dedicated to creating data-driven solutions with exceptional analytical problem-solving and decision-making skills. Namely, two hedge funds. It doesnt run an office outside of the United States. LENAPE CAPITAL LLC has been set up 6/26/2018 in state FL. Mr. Paciello received a BS from Babson College and an MBA from Villanova University. Real Estate, Development & Land Use, Qualified Opportunity Zones He received a BS in Accounting from Villanova University and an MBA with a concentration in Finance from Widener University. Rice has had dozens of conversations over that time with entrepreneurs in Maine and across the country, including trips to several paper and pulp mills, about the technology and its applications. Forgot your 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. The technology is certainly viable, he says; the problem arises when you discuss economics. The company employs 17 people that are either part- or full-time employees. John M. Quinlan of Maplelane Capital Llc - Profile - symmetric.io His primary areas of coverage are the Consumer Discretionary and Staples sectors. On top of advisory services, the firm doesn't engage in other business activities. A spokesperson for Carlyle declined to comment. Neither Symmetric nor its content providers are responsible for any damages or losses arising from any use of this information. Sec Form D You must have a subscription to view WhaleScore histories. The managers's latest filing has disclosed 298MM in positions, which represents 26% of the manager's regulatory AUM. Performance Among the 8 most similar advisory firms, Maplelane Capital has the 3rd highest percentage of pooled investment vehicles out of all clients. The first torrefaction machine in Millinocket will be deployed this year and create 22 jobs, says Tranchemontagne. 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. degree and a Certificate in Environmental Law. Robert Steven Crespi is an employee with Maplelane Capital LLC, a hedge fund company. Robert S. Crespi of Maplelane Capital Llc - Profile He also counsels clients with regard to regulatory issues related to sustainability and renewable energy. These fees dont include brokerage commissions, interest, taxes, and other account expenses. 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 Prior to Evergreen, he was a Director at Deutsche Asset Management, where he held various positions including Trader and Portfolio Analyst on the Global High Yield team and Performance Analyst in the Fund Administration group. Mr. McDonnell joined Penn Capital in 2009 and currently serves as the firm's Corporate Controller. Andrew joined Spouting Rock in 2018 bringing over 30 years of industry experience. Torrefied wood production is nothing short of being a fantastic opportunity for this region, says Eugene Conlogue, Millinocket's town manager. Director of Research, Senior Portfolio Manager, Senior Partner. Mr. McLaughlin joined Penn Capital in 2011 as Operations Manager. While millwrights and paper makers are back to work at the East Millinocket mill, the mill in Millinocket has sat idle since Brookfield shut the doors more than three years ago, citing unsustainable energy costs. While serving as a Partner for Delaware Investment Advisors (DIA) from 1977 to 1987, he was responsible for building the investment side of DIAs fixed income operation. Maplelane Capital - Asset Management Observer In that time, the company has grown from four to 52 employees and taken on a number of projects, Cyr says. Employees dont receive compensation from other entities for client referrals. Postal Service weighs consolidating its services, On the Road with Mainebiz in Presque Isle, On the Road with Mainebiz in the Kennebunks, Millinocket mill site tax lien resolved, opening gate for development, Year in review: uncertainty but big wins in 2012, John Hall banks on new industries in Maine's wood basket, Thermogen prepares to enter budding bio-coal market. The company plans to deploy as many as five torrefaction machines in Millinocket beginning this year. Last Name First Name Middle Name; Maplelane Capital, LLC--Street Address 1 Street Address 2; 51 Astor Place: 10th Floor: City State/Province/Country ZIP/PostalCode . The first shipment rolled off the production line in November. Robert S. Crespi is Managing Member at Maplelane Capital Llc and has been affiliated with Maplelane Capital Llc since March-2012. Reing brings significant industry experience to LongRange. Senior Research Analyst, Assistant Portfolio, Manager, Partner. Maplelane Capital LLC is a large advisory firm based in New York. Paul LePage has proposed be built within the next two years. I mean quitting your job to start a business? He and his wife, Marcia Hocker, are the founders of the Ethel Mae Hocker Foundationwhich provides scholarship opportunities to less fortunate, deserving Greater Philadelphia-area elementary and high school studentswho have demonstrated leadership abilities, academic success, commitment to the community, and need financial support. This website uses cookies to improve your experience. Trader at Maplelane Capital. He also gained experience working for Morgan Stanley in Clearwater, FL as a financial advisor. Maplelane invests primarily in the information technology sector and is headquartered out of New York, New York. "Otherwise, that machine will never be cost effective. ? 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. Founded in 2010, Maplelane Capital is a hedge fund management company that focuses on short term equity invesments. Maplelane's quest to claw back its GameStop losses took a hit in May. Maplelane employs 20 people. Create a new password. 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%. 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. [II Deep Dive: Navabs Former Team Picks Up the Pieces]. Robert Crespi is a member of the firm's Environmental and Renewable Energy and Sustainability Groups. 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 Crespi is a Trader at Maplelane Capital based in New York, New York. Andrew has demonstrated success leading, driving, and delivering on technology strategies to build companies and lead change. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Robert Crespi - Senior Vice President Portfolio Management - LinkedIn Chief Operating Officer, Spouting Rock Asset Management. Mr. Hocker founded Penn Capital in 1987 and serves as Chief Executive Emeritus. NEW YORK, NY Mr. Pickles began his career with Penn Capital in 2022. https://www.linkedin.com/company/maplelane-capital-llc/about/ The firm. ", 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 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. Maplelane Capital LLC is a large advisory firm based in New York. Mr. Silva began his career with Penn Capital in 2002 as a Research Analyst focused on technology and industrial companies. In addition, Mr. Silva has focused on several distressed debt situations, successfully completing a reorganization through serving on the official committee of creditors. It doesn't provide financial planning services to its clients. The normal business hours are 9-5 on Monday - Friday. LongRange will invest between $50 million and $400 million in target companies via majority, minority, and joint venture stakes. Penn Capital's headquarters are located in a state of the art, LEED-Certified, energy efficient building at the Philadelphia Navy Yard. ROBERT STEVEN CRESPI. Prior to joining Penn Capital, Mr. Civera was a Research Analyst for AlphaOne Capital Partners where he covered Technology and Renewable Energy. . Mr. Keanes focus was on developing the strategic vision and tactical application of technology. Robert Crespi's Phone Number and Email. His primary areas of coverage is the Technology and Telecommunications sectors. His investing and institutional non-investment grade corporate lending experience spans over 40 years. The company`s registered agent is Berlin Robert 2020 Gordon Drive, Naples, FL, 34105. Find more contacts. Mr. Braunfeld received a BA from the University of Pennsylvania and has a MA in International Economics and Finance from Brandeis International Business School. Maplelane Capital also advises several private funds. "Initially, to be honest with you, the paper business was nothing we were interested in," says Richard Cyr, Cate Street's senior vice president. Using or following this link is at your own risk and Penn Capital is not responsible for any damages or losses incurred or suffered by you arising out of, or in connection with, your use of the link. Robert Crespi - Trader - Maplelane Capital | ZoomInfo Prior results do not guarantee a similar outcome. As Director of Research, he is responsible for guiding the firms day-to-day global investment research process. The torrefaction process is energy-intensive, shrinking the profit margins of any would-be producer of torrefied wood. The link is not intended to create an offer to sell, or a solicitation of an offer to buy or hold, any securities. CalPERS is the sole investor in LongRanges first fund, a person familiar with the matter confirmed. This acquisition added Penn Capital to SRAM's multi-manager boutique platform of shared services and complementary investment solutions. Founded in 2010, Maplelane Capital is a hedge fund management company that focuses on short term equity invesments. Corner Office. All rights reserved. He received a BS from Rensselaer Polytechnic Institute in Troy, NY and is a CFA Charterholder. He represents a diverse client base in complex transactional and development issues, as well as in regulatory, compliance and litigation matters. Founded in 2010, Maplelane Capital is a hedge fund management company that focuses on short term equity invesments. 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 a move that was seen as both good business sense and a gesture of commitment, Cate Street calls its new paper company Great Northern Paper, resurrecting the legendary name of the original paper company that built the Millinocket mill in 1899 (see "What's in a name?" Mr. McLaughlin also holds the Chartered Financial Analyst designation. Robert Crespi. Mr. Paciello began his career with Penn Capital in 2012 and serves as an Assistant Portfolio Manager for Penn Capitals Opportunistic credit strategy. divided by the total MV of the fund. Our privacy policy, Businesses grapple with evolving social media rules, The U.S. . The economics of the situation is why it hasn't been tried in Maine, Rice says. "All of the stuff that had to do with the paper business actually was the same for what we needed for Thermogen.". Compare against similar firms. 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. Pace University Elisabeth Haub School of Law (J.D., Binghamton University, The State University of New York (B.A., 1980), U.S. District Court, District of New Jersey. He represents a diverse client base in complex transactional and development issues, as well as in regulatory, compliance and litigation matters. Investing involves risk including loss of principal. The $3 billion hedge fund lost 2.7% last month and is down 39% for . According to his LinkedIn profile, Berlin officially launched LongRange in December 2019. S&P 500WhaleScore Meanwhile, the Kazmas developed and operated cable systems in North and Latin America. He was encouraged by what he saw. According to its Form ADV filed in July 2021, Maplelane had regulatory assets under management of approximately $5.6 billion.