– JERSEY, St. Helier – EJF Investments Ltd (LON: EJFI), which provides investors exposure to a diversified portfolio of debt issued by smaller US banks and insurance companies, announced the appointment of John Kingston to its Board as a non-executive director following regulatory approvals.
John Kingston will also be appointed as the Chair of the Board of Directors to replace Interim Chair, Alan Dunphy.
About John Kingston
After graduating from Harvard Law School and the University of Pennsylvania’s Wharton School of Business, John Kingston began his career with legal positions at Ropes & Gray and Morgan Stanley. In 1999, Mr. Kingston joined Affiliated Managers Group (NYSE: AMG), becoming part of the senior leadership team that grew a small investment management platform into a global asset management firm with (at the time of his departure) approximately $700 billion in AUM and an enterprise value of nearly $15 billion. John Kingston retired as Vice-Chairman of AMG in 2015, having overseen all corporate governance, risk management and controls, and legal, regulatory, and compliance functions.
John Kingston has founded and/or overseen a variety of for-profit, not-for-profit, and political initiatives, including the AMG Mutual Funds, Mangrove Management Partners, Lattice Capital Management, the Pioneer Institute, Veritas Forum, the Forward Party, Foundation for Excellence in Higher Education, Committee to Fix the Debt, and the American Enterprise Institute.
John Kingston is a member of the supervisory body of two private funds, managed by affiliates of EJF. The Directors believe that it is appropriate to treat Mr. Kingston as an Independent Non-Executive Director and Chair for the AIC Code, notwithstanding his membership of such supervisory bodies (as their primary role is to resolve conflicts, if any, between the funds and EJF and not, for the avoidance of doubt, the oversight of the funds). Neal Wilson, Co-CEO and Co-CIO of EJF is also a member of the supervisory bodies of these two funds.
About EJF Investments Ltd
EJFI’s objective is to provide shareholders with attractive risk-adjusted returns through regular dividends and capital growth over the long term. EJFI generates exposure primarily to a diversified portfolio of loans issued by financial institutions and related or similar assets in the U.S., U.K., and Europe.
EJFI currently invests primarily in CDO Equity Tranches structured by an affiliate of EJF Capital LLC, providing levered exposure to a highly diversified portfolio of securities issued by U.S. financial institutions (banks and insurance companies), these being Risk Retention Investments.
EJFI is a registered closed-ended limited liability company incorporated in Jersey under the Companies (Jersey) Law 1991, as amended, on 20 October 2016 with registered number 122353. The Company is regulated by the Jersey Financial Services Commission. The JFSC is protected by both the Collective Investment Funds (Jersey) Law 1988 and the Financial Services (Jersey) Law 1998, as amended, against liability arising from the discharge of its functions under such laws.
The JFSC has not reviewed or approved this announcement.
For more information: https://www.ejfi.com/
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