1 - Senior Management
Daniel G. Cohen is Vice-President and Chief Executive of European Operations of IFMI and has spent the last 14 years in the securities and asset management businesses. He founded PrinceRidge’s parent company, Institutional Financial Markets, Inc. (NYSE MKT: IFMI), in 1999.
Since 2009, Daniel has served as CEO and CIO of IFMI. IFMI focuses on financial institutions and real estate investment banking and management. Through structured finance vehicles, IFMI has originated over $10 billion of investments in small and mid-cap financial institutions, both public and private. Since 2000, Daniel has also been the Chairman of the Board of Directors of The Bancorp, Inc. (Nasdaq: TBBK), a $4 billion asset bank in Wilmington, Delaware, which provides commercial and retail banking products and services to small and mid-size businesses and their principals. Prior to founding IFMI and The Bancorp, Daniel served as President of Resource America, Inc. (Nasdaq: REXI), a real estate, leasing and energy investment company. During his tenure at Resource America, Daniel formed Atlas Pipeline Partners, LP (NYSE: APL), a $1.9 billion market cap master limited partnership.
Lester Brafman is CEO of IFMI, Cohen & Company's parent company. Prior to joining IFMI, during an 11-year tenure at Goldman Sachs, Mr. Brafman served as Chief Operating Officer of Credit and Mortgage Trading, and as Head of High Yield and Distressed trading.
During his 11-year tenure at Goldman Sachs, Lester also served as Chief Operating Officer of Credit and Mortgage Trading, and prior to that as Head of High Yield and Distressed Trading. Prior to joining Goldman Sachs in 2001, he spent over six years at Credit Suisse First Boston, holding numerous roles of increasing responsibility, most recently as Head of High Yield Trading, and previously Head of Emerging Market and Sovereign Trading. Lester also spent several years at Wasserstein Perella & Co. and Lehman Brothers. He received a B.A. at Columbia University and an M.B.A. from the Amos Tuck School of Business Administration, Dartmouth College.
Gareth Noonan is a Managing Director at Cohen & Company. He is responsible for European Investment Banking and sales and trading. Gareth has over 15 years of experience in investment banking and debt capital markets and has originated, structured and distributed leveraged and acquisition financings across a broad range of industries. He has also advised participants in a number of M&A and restructuring transactions.
Prior to joining Cohen & Company, Gareth was a Managing Director at the Seaport Group. Previously, he was a Managing Director at Merrill Lynch in London responsible for European leveraged finance and high yield capital markets. Gareth has also worked in investment banking at Deutsche Bank and Wasserstein Perella and as an attorney at White & Case during his career. Gareth has a Bachelor of Science in Foreign Service and a Juris Doctor, both from Georgetown University.
2 - Investment Banking
Edward Cahill is a Managing Director at Cohen & Company. He is responsible for the European Structured effort at Cohen & Company. He has over 15 years experience in the European Securitisation markets. He has worked with many of the premier boutique asset managers in Europe to raise funds over the years and developed various balance sheet and funding solutions for financial institutions.
Prior to joining Cohen & Company, Edward was a partner at the Seaport Group in Europe. Previously, he ran the CDO business at Barclays Capital in London. Prior to that he ran ABS and CDO trading at JPMorgan in London. He started his career as a CDS trader and structurer at UBS. Edward has a Bachelor of International Commerce from University College Dublin.
Jason Wolfe is a Managing Director focused on European Structured Credit with over 16 years of experience in securitisation, covered bonds, repos, and other forms of secured funding. Jason’s experience covers a wide range of asset classes including trade receivables, credit cards, auto loans and leases, equipment leases, consumer loans, and mortgage loans.
Jason has executed transactions in Australia, Canada, France, Ireland, Italy, the Netherlands, Portugal, and the UK. Prior to joining Cohen & Company Jason was an Executive Director in the FI Structuring & Advisory division at RBS where he advised European FIs on structuring transactions to assist with both capital and funding needs. Prior to that he was the Head of Covered Bond Structuring at RBS. Before joining RBS Jason was a Director in the securitisation team at ABN AMRO. Jason holds a Bachelor’s degree from St. Louis University, and a Post Graduate Diploma in Applied Finance & Investment from the Securities Institute of Australia.
Linda Koster, Managing Partner in our Dutch affiliate, is a Managing Director responsible for the origination and distribution of strategic financings including equity, hybrid capital, debt and securitizations in addition to the distribution of funds and managed accounts for the Company’s asset management division. Linda has 22 years of experience in the financial markets.
Prior to joining Cohen & Company, Linda worked at Goldman Sachs as a managing director responsible for marketing investment products to European institutional clients. Before that, Linda worked at Merrill Lynch where she became head of Investment Managers for the Benelux, Switzerland, France and Scandinavia. Prior to that Linda worked as a director at Lehman Brothers and at IBJ. She received a BA in Business Administration in Hotel Management from the Hogere Hotel school the Hague and she earned a MSc in Finance from the London Business School.
Sherjeel Khan is a Managing Director in the Investment Banking Group.
Prior to joining Cohen & Company, Sherjeel was co-founder of SCap Limited, a boutique advisory firm with a focus on real estate, infrastructure and healthcare sectors across Europe and the Middle East. Previously, he served as Managing Director and started the European operations of RAIT Financial Trust, a publicly traded commercial mortgage REIT, where he originated and structured capital markets transactions for European real estate companies. Before moving to London in 2006, Sherjeel served as Senior Vice President at RAIT’s New York offices structuring debt and hybrid capital for US equity, mortgage and specialty finance REITs and real estate companies. Prior to RAIT Financial Trust, Sherjeel was a Vice President in the real estate investment banking group of Cohen Bros. & Company. Sherjeel started his career at Banc of America Securities within the high yield restructuring group and holds a BS in Commerce and Economics from the McIntire School of Commerce at the University of Virginia.
3 - Asset Management
Paul Vernhes is President of Cohen & Compagnie SAS and Managing Director of Cohen & Company Financial Limited. He has 17 years of experience with Financial Institutions and 8 years of experience in Structured Finance. After joining Cohen & Company in 2005, he was responsible for the insurance credit analysis for the Dekania Europe programme. He also served as Chief Financial Officer of Dekania Corp. from February 2006 until March 2009.
Before joining Cohen & Company, Paul was the chief financial officer of Corifrance, the French reinsurance subsidiary of Markel Corp and also served as a treaty and facultative reinsurance underwriter for Corifrance in Europe and Latin America. Previously, he worked as a strategy and management consultant to the insurance industry at A.T. Kearney and Deloitte & Touche Consulting Group. Paul is a graduate of “HEC (the Ecole de Hautes Etudes Commerciales) and holds a M.Sc. in Finance from the London School of Economics (“LSE”).
Amédée de Clermont-Tonnerre
Amédée de Clermont-Tonnerre is a Director of Cohen & Company. He has 14 years of experience with Capital Markets and 8 years of experience in Structured Credit Assets.
Prior to joining Cohen & Company, Amédéé worked at Natixis Asset Management as Head of CDO Investments, where he managed a €4billion Structured Credit Legacy book. He began his career in 1997 at the French bank Credit Industriel et Commercial where he worked in front office risk management. In 1999, he became an Interest Rate Derivative proprietary trader. In 2000 he joined CDC Ixis Capital Markets as Head of Exotic Interest Rate Product Risk Management and switched to Structured Credit Risk Management in 2003. Amédée is a certified actuary from EURIA (Euro Institute of Actuary).
Domenico Sapone is an analyst, serving at Cohen & Compagnie, SAS, for financial institutions, focusing mainly on European insurance companies.
Previously, he worked as an equity capital market analyst for BBVA in Madrid (Spain) and as an equity linked analyst for Société Générale CIB in Paris (France). Domenico holds a graduate degree in Economics, summa cum laude, from the University of Turin (Italy), a Diplôme de Grande Ecole from the ESCP-EAP of Paris (France) and a European Master of Science in Management from the City University of London (UK).
4 - Sales & Trading
Michele Del Bo
Michele is responsible for advising financial institutions in the management and disposal of alternative investments including distressed assets as well as other non-core assets, leveraged loans, real estate, shipping, infrastructure loans, liquidation and bankruptcy claims, and unlisted equity.
Through the years he has originated, structured and sold various alternative investments opportunities to major hedge funds focused on credit and special situations. Michele has 20 years of experience in financial services in both analytical and origination/sales senior roles having previously worked at Macquarie Bank, Lehman Brothers, Morgan Stanley and Moody’s. He holds an MBA from CASS Business School and a Bachelors degree in Economics and Business from Universita’ di Roma, La Sapienza.
Ben is responsible for sourcing and sales of distressed and emerging market assets from various European financial institutions. He has over 20 years’ experience in capital markets and investment banking.
He started his career at Bankgesellschaft Berlin AG as a corporate credit analyst. At the height of the Asian financial crisis Ben was delegated to Singapore to manage and maximise the value of the bank’s distressed loan portfolio in South East Asia. In 2005 Ben joined Lehman Brother’s high-yield and special situation desk responsible for identifying and sourcing distressed investment opportunities in the German speaking market. Later on he was hired by Morgan Stanley as a senior member of the European loan sales team, involved in sourcing and placing European performing and non-performing corporate loans as well as trading credit derivative instruments.
Saleem Arif is a Managing Director and is responsible for originating and executing trades in illiquid assets. He specialises in sourcing portfolios of bonds, loans, ABS and legal claims from banks and institutions and placing them with specialised credit funds and private equity firms. In addition, he has responsibilities within European Investment Banking for originating, structuring and distributing transactions.
Prior to Cohen & Company, Saleem was a Senior Vice President within the Special Finance Advisory Group at Deutsche Bank, specialising in the workout and restructuring of the Bank’s distressed portfolio. Prior to that, he held positions at Barclays Capital in European Syndicated & Leveraged Loans origination, structuring and distribution, Credit Restructuring & Advisory and Leveraged Finance. He holds a BSc in Economics and a Masters degree in Banking & Finance from Loughborough University.
Henrik Woergaard is a Managing Director responsible for Capital Markets activities in Northern Europe. Henrik focuses on distributing non-investment grade and structured finance, alternatives and private debt products to European institutional and hedge fund investors.
Prior to joining Cohen & Company, Henrik worked at Bank of America in the Structured Securities Group responsible for the Nordic region. Previous roles include Executive Director at Lehman Brothers in the Structured Solutions Group and Head of Nordic Derivatives Sales at Greenwich NatWest. He holds a M.Sc. (Econ) and B.Sc. (Econ) from Copenhagen Business School.
5 - Legal & Compliance
Richard Hepworth is the Chief Compliance Officer of Cohen & Company.
Prior to joining Cohen & Company, Richard worked as a Compliance Officer for Lazard Capital Markets, an Agency Brokerage specialising in Distressed and Financial debt, where he helped set up the internal policies, managed the AML and Compliance Monitoring functions, and designed and maintained the internal Client, Trade Capture and P&L system. Richard has 15 years experience in the finance industry, and has a background in Bank Loans having worked at a number of sell side institutions. His roles have ranged from Loans Administration at Dresdner Bank to infrastructure project management for Loan Derivatives (TRS and CLO) at Bank of America. Richard has also managed the Prime Brokerage Loan Closing team at Deutsche Bank.
Nathalie Ghnassia joined Cohen & Compagnie SAS in 2005 as corporate counsel.
Prior to joining Cohen & Compagnie SAS, Nathalie worked as an associate at Mayer Brown, LLP in Chicago in the Banking and Finance Department. Nathalie holds a Bachelor of Business Law and a Master in International Business Law from the Sorbonne (Paris). Nathalie is fluent in French, English and Spanish.