NYPEN Real Estate Presents: Andy Stone

Invitation Link: http://guest.cvent.com/i.aspx?4W,M3,94b58db6-74b6-4e19-89a4-488d8448b612

The New York Private Equity Network ("NYPEN") Real Estate Group is pleased to invite you to attend Andy Stone’s discussion on “What they didn’t teach me in school” on Thursday, February 21st.  Andy Stone will share insights from his years of experience in the industry and his thoughts on today's markets.

Session Details:
*Date: Thursday, February 21, 2008
*Time: 7:00 pm - 8:30 pm (followed by cocktails)
*Location: Kirkland & Ellis' office - 153 East 53rd Street (53rd & Lexington)
*Note: Please allow for 5 minutes to proceed through security  -- Space is limited
Speaker’s Bio:
Andrew D. Stone is the Managing Partner and Chief Executive Officer of Petra Capital Management, a hedge fund specializing in real estate and securitized products.  Mr. Stone was previously a Managing Director and head of the Principal Transactions Group (“PTG”) at CSFB, where he was responsible for the firm’s worldwide real estate effort, which included debt origination, equity investments and securitization.

Previous to CSFB, Mr. Stone was a senior managing director in charge of the Mortgage, Asset-Backed and Real Estate Securities Group at Daiwa Securities America.  He founded the department and was responsible for managing the origination, trading, structuring and sales of all mortgage and asset-backed securities.  The department became an industry leader and major market force in the securitization of unique complex and unusual assets.  Mr. Stone’s visionary approach not only further developed the securitization industry, but also carved out a successful niche for Daiwa.  Prior to joining Daiwa in 1990, Mr. Stone was managing director and head of the Mortgage and Asset-Backed Group at Prudential Bache.  Mr. Stone began his career at Salomon Brothers in the Mortgage-Backed Securities Department.  He helped pioneer the creation of many new mortgage products and was one of several key employees instrumental in establishing Salomon as the pre-eminent force in the mortgage-backed securities markets. 

During his career, Mr. Stone has been the recipient of several prestigious industry awards. Among the more prominent is his being named one of the top 100 financial people of the twentieth century by The Financial Institute.  Crain’s-NY named him “Forty Under Forty Executives to Watch” in which he was profiled as one of the “hot stars” in the country under the age of forty.  He was featured three times in the Financial World’s “Wall Street 100”, which profiled the top 100 successes on Wall Street.  Mr. Stone was named to Commercial Property News’ “Dealmakers Hall of Fame” which highlighted the top ten dealmakers of the 1990s.  He was also listed in Global Finance’s ranking of the Top 600 people in finance internationally. Mr. Stone has been featured in New York Magazine in “Who’s Winning on Wall Street” and as one of the 10 of “Wall Street’s Hottest Up-and-Comers” in Worth Magazine.

Mr. Stone received his B.S. from The Wharton School of the University of Pennsylvania in 1979 and his M.B.A. from the University of Chicago with a concentration in finance and marketing in 1981.