Press Release
Mark Kahn Joins Principia as EVP Sales to Lead Global Business Development
Mark brings 20 years of sales and administrative experience in
structured finance
Jersey City, NJ – August 7, 2007 - Principia Partners, a leading
solution provider for the management and administration of structured finance
transactions, has appointed Mark Kahn as its EVP Sales. He will be directly
responsible for managing global business development and further strengthening
the sales pipeline in the rapidly growing structured finance market.
Mark Kahn joins Principia with a highly successful track record
in leading business development and managing client relationships in the
structured finance trust, administration and servicing businesses at JPMorgan
Chase Bank and Deutsche Bank. Most recently, Kahn managed Product and Client
Services for Systems and Services Technologies, Inc., a wholly owned subsidiary
of JPMorgan Chase and a part of its Worldwide Securities Services division.
He also held various executive positions, managing business development
for JPMorgan's CDO, Structured Investment Vehicle (SIV) and ABCP Conduit
administration business units.
Prior to joining JPMorgan, Kahn managed the ABCP and SIV Conduit
administration businesses at Bankers Trust Company, where he was responsible
for product development, operations, client management, administration and
sales. Before that, he was a Senior Consultant at Arthur Andersen & Co.
“We are delighted to add Mark to our leadership team,” states
Theresa Adams, President and CEO of Principia. “Mark brings the unique
combination of qualities required of this role: an impeccable sales track
record, proven
managerial success and hands-on, deep industry knowledge. With
more than 20 years experience in structured finance, Mark has intimate technological
and business process knowledge of Principia’s key target markets.
In addition, he will provide invaluable insight to Principia’s product
development and other supporting teams. As Principia continues
to develop leading solutions for operations such as ABCP conduits,
SIVs and credit
derivative product companies, Mark will be instrumental in guiding
the company to meet its aggressive expansion goals."
“Principia is well-recognized in the industry for its
innovative software supporting the administration and operations
of structured finance
vehicles," says Kahn. "The company is respected for its industry
knowledge and focus on building value: Getting businesses up and running
quickly and enabling programs to scale with the market demands. I am enthusiastic
about the company’s commitment to the market at this very exciting
stage of its growth, and I look forward to helping shape and execute
its sales strategy. ”
About Principia Partners
Principia Partners LLC (Principia) provides a comprehensive single platform solution for the end-to-end management of structured finance investments. Global financial institutions and independent asset managers have used the award winning Principia Structured Finance Platform since 1995 to unify investment analysis, portfolio management, risk surveillance, accounting and operational control across the breadth of structured credit assets, fixed income investments and complex derivatives.
For over 15 years Principia’s mission has been to help investors independently address the deal specific investment and cashflow analysis, valuation, risk management, reporting and due diligence requirements of structured credit investments and portfolios. Its dedicated support and continued development of functionality for structured finance instruments is accompanied by a proven and fully integrated derivative valuation framework. This overall credit investment and market risk solution delivers the robust backbone necessary for deeper investment analysis, proactive risk surveillance and operational control across the credit investment business.
Principia is based in New York, with an office in London and a technology center in Conshohocken, Pennsylvania. Principia SFP was awarded the Credit Technology Innovation award by Credit magazine in 2008, 2009 and 2010.
For press information contact:
Ben Jarrold
Tel: + 44 (0) 20 7618 1370
Email: Jarrold@ppllc.com