He currently serves as Director of Investment Services with responsibility for overseeing the firm's middle-to-back office processes, client reporting, and client service functions. Download 13F Summary His primary areas of coverage are the Consumer Discretionary and Staples sectors. When completed, the project will employ roughly 100 people in the Millinocket area. Robert S. Crespi: Managing Member: March-2012: John M. Quinlan: Chief Compliance Officer, Chief Financial Officer: November-2014: He received a BBA in Accounting from The College of William & Mary and an MBA from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. He is responsible for financial reporting, budgeting, strategic planning, and analysis and oversees the audit process for both public and private funds. 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, The $3.5b hedge fund altered its portfolio recently to. "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.". We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Trader The first torrefaction machine in Millinocket will be deployed this year and create 22 jobs, says Tranchemontagne. It has been registered with the SEC as an adviser since 2012. But the company, which focuses on "new, green, sustainable technology," according to Cyr, took a look at the mills anyway. 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. ? This content is from: Previously, he held positions at DuPont Capital Management as an Alternative Investment Analyst and at FactSet Research Systems as an Investment Management Consultant. 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 . CalPERS is the sole investor in LongRanges first fund, a person familiar with the matter confirmed. Hes been an active member of The Money Management Institute and has held various leadership positions within the Technology/Operations Committee. 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. Cate Street Capital was founded three years ago with a mission to invest in technologies that are green, sustainable and scalable, Cyr says. Williams School of Law at The University of Richmond. ), 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. Mr. Silva began his career with Penn Capital in 2002 as a Research Analyst focused on technology and industrial companies. Rob assists clients in the national retail, industrial and residential sectors with the purchase and sale of environmentally impaired properties, including Brownfields development and remediation, New Jersey ISRA compliance, negotiating and overseeing projects entering into the New York Brownfield Cleanup Program and the New York City OER, coordinating due diligence, and negotiating environmental insurance and funding mechanisms to facilitate transactions and redevelopment. Leon Shaulov - Maplelane Capital - 2023 13F Holdings, Performance, and John M. Quinlan of Maplelane Capital Llc - Profile - symmetric.io Discussions with customers have been ongoing for the past year. He has over 20 years' experience working in the financial markets with a focus on equity and credit research. Robert Crespi is a member of the firm's Environmental and Renewable Energy and Sustainability Groups. Prior to joining Penn Capital, he conducted private equity research for AMS Inc. and was a senior audit associate for PricewaterhouseCoopers LLP. Andrew began his career with Murray Johnstone (later acquired by Aberdeen) where he held a number of financial roles before transferring to their US subsidiary. The amount of regulatory assets under management is $3.31 billion for 4 clients. Mr. Keane received an AAS in Electrical Engineering from the Radio Electronic Television School, aBS in Information Technology Management, and an MBA, both from The University of Phoenix. This will schedule a job to export all requested 13f holdings data for this filer. degree and a Certificate in Environmental Law. He received a BS from Rensselaer Polytechnic Institute in Troy, NY and is a CFA Charterholder. It manages $3.31 billion of regulatory assets for 4 client accounts. 2023 CSG Law. The process drives a number of combustible gases from the wood, reducing the pollution profile of the resulting product, and eventually leads to charcoal. 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. He later rose to serve as head of the investment division. This special publication examines the startup infrastructure in Maine and the resources available to help entrepreneurs at the various stages of the startup journey. Performance numbers calculated through 2023-02-14. 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. ", As for Thermogen Industries, the company will benefit from the existing infrastructure in place and share resources with Great Northern Paper that will make them both more competitive. and a top 10 holdings concentration of 67.8%. View the latest funds and 13F holdings. Last Update. The principal office where Maplelane Capital LLC performs its advisory services is located at 51 Astor Place, New York, NY 10003, which is also the mailing address of the firm. https://www.linkedin.com/company/maplelane-capital-llc/about/, View Last Form Adv Compilation Report on Record, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, % of top 20 holdings the same as top 20 most commonly held by all managers. Maplelane is the investment manager to two private funds, Maplelane Master Fund Ltd. and NRMA LLC. Please. LongRange was founded by Robert Berlin, who was briefly a partner at Navab Capital before its founder, Alex Navab, died unexpectedly in 2019. Recognizing the potential synergies that could be leveraged if Cate Street could get the paper mills up and running, it took a closer look at the mills, the paper-making business and market demand. Confident that it could make the economics work, Cate Street in September purchased both mills for an undisclosed price from Brookfield. PDF UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION Torrefied wood production is nothing short of being a fantastic opportunity for this region, says Eugene Conlogue, Millinocket's town manager. Corner Office. He represents a diverse client base in complex transactional and development issues, as well as in regulatory, compliance and litigation matters. Cate Street Capital, the new owner of paper mills in Millinocket and East Millinocket, never intended to enter the paper-making business. Meanwhile, the Kazmas developed and operated cable systems in North and Latin America. Compare against similar firms. S&P 500WhaleScore Mr. Paciello received a BS from Babson College and an MBA from Villanova University. ", Unlike its predecessors, Conlogue says, the company seems more interested in investing in the mills. [1]: Both mills have inefficiencies related to their machinery and energy usage, Cyr says. Hedge Fund Maplelane Loses About 33% on Short Bets This Month NAIOP: 50 Shades of Green: Learn How to Save on Business Costs, Connect with the Experts, and Earn CEUs, NAIOP: Re-Energize Your Buildings! Meanwhile you can send your letters to 2020 Gordon Drive, Naples, FL, 34105. Ex-Navab Capital Partner Hires Carlyle Exec for New Firm, This content is from: "And I guarantee you we will be successful at them. Sec Form D/A Work for ME is a workforce development tool to help Maines employers specifically target Maines emerging workforce. Beyond Penn Capital, Mr. Silva serves on the Investment Committee of the Valley Forge Military Academy. We're there for the long term and everything we're doing is about reinvesting into that area and those paper mills, as well as the Millinocket site for Thermogen. The company`s registered agent is Berlin Robert 2020 Gordon Drive, Naples, FL, 34105. Diversification does not prevent all investment losses. The Business Case for Energy Efficiency: The Latest Technology for Office & Industrial Buildings Incentives, Implementation & Compliance, Rutgers: Working With Your Licensed Site Remediation Professional: Changing Roles and Responsibilities Under the NJDEPs NEW Site Remediation Program, 2011 International Council of Shopping Centers: U.S. Shopping Center Law Conference: Structuring Solar Energy Projects for Landlords and Tenants, NJICLE: Sophisticated Commercial Real Estate Practice Purchase, Sale, Leasing, Environmental, Land Use Issues & More. Robert Steven Crespi - Maplelane Capital LLC ? He currently serves as Director of Investment Services with responsibility for overseeing the firms middle-to-back office processes, client reporting, and client service functions. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. The company will reopen it only if it makes economic sense, Cyr says. 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. During her time at Carlyle, Reing first oversaw the firms global real assets partnership accounting team. North Carolina State put out an RFP asking for torrefied wood pellets to be supplied to the campus. Robert S. Crespi is Managing Member at Maplelane Capital Llc and has been affiliated with Maplelane Capital Llc since March-2012. "Cate Street seems to be very willing to do the things necessary to make these mills profitable and to bring in other things like the torrefied wood to add to their profitability. They've done the homework. or to simply have an email sent to you whenever we receive a new Cyr even traveled to Europe to line up potential new customers for the newsprint produced in the East Millinocket mill. The firm doesnt compensate employees in addition to the salary for bringing in new clients. Maplelane Capital also advises several private funds. You can reach the main office by calling the phone number 212-235-0800 or by fax 212-235-0829. . Mr. Hocker also founded and served as CEO of Covenant Bank, a NJ based regional bank which grew to 16 branches and $500m in deposits before being acquired by First Union in 1997. Sign-up It will be around, I think, for a very long time if we're successful in a lot of the initiatives that we're putting in place," Cyr says. Our privacy policy, Businesses grapple with evolving social media rules, The U.S. We'll assume you're ok with this, but you can opt-out if you wish. Gamestop paring gains as CNBC says Melvin Capital closes out of short position. . Robert Steven Crespi is an employee with Maplelane Capital LLC, a hedge fund company. email address below and choose 'Submit'. Find contact's direct phone number, email address, work history, and more. Our Team | penncapital Past performance and skill metrics are no guarantee of future results. Our privacy policy, To ensure the best experience on our website, articles cannot be read without allowing cookies. Leon Shaulov of Maplelane Capital Llc - Profile - symmetric.io 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. Mr. Keane has over 31 years of experience in the engineering and technology industries and holds numerous Information Technology industry certifications. Mr. Pickles began his career with Penn Capital in 2022. Their last reported 13F filing for Q4 2022 included $963,237,816 in managed 13F securities The fund seeksto invest in European and North American companies with revenues of more than $200 million, thefirms websiteshows. . Real Estate, Development & Land Use, Qualified Opportunity Zones 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. "There are great synergies between the two and they will help each other, but they stand on their own two feet," he says. Paul LePage's office approached the Portsmouth . Berlin isnt the only ex-Navab employee to recently launch an investment firm. 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. 4.4/5 on . New Jersey Business Magazine: NJs LSRP Program the Focus of New World of Site Remediation Discussion, CSG and Atlantic Environmental Solutions: The New World of Site Remediation, CSG Law Alert: NJDEP Adopts Amended Site Remediation Regulations, New Jersey Business Magazine: Compliance Averaging A Technical and Legal Perspective, The Journal of Water Law: A High-Level Review of the Changes, Revisions, and Additions, EPAs 2017 General Permit Regulating Stormwater Discharges from Construction Activities Now 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. Please disable your ad-blocker and refresh. Among the 8 most similar advisory firms, Maplelane Capital has the 3rd highest percentage of pooled investment vehicles out of all clients. In October, it began construction on a 75 MW biomass plant in Berlin, N.H., at the site of the former Fraser Papers pulp mill. 212-235-0800: 3. Principal Place of Business and Contact Information 3. 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. Find more contacts. Robert is currently based in New York City, United States. ", Backing those lofty goals, Cyr says the company is fully committed to the business and making the two Maine paper mills a main concern for the long term. 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. (For more on the technology, see "Torrefaction: What it is," this page.). The minimum investment commitment required of non-related persons is $1,000,000 for each fund. MAPLELANE OFFSHORE FUND, LTD. Street Address 1 Street Address 2; INTERTRUST GROUP: 190 ELGIN AVENUE: . It makes you wonder: If they can find that market, why couldn't previous owners find that same market? Robert Crespi is a Trader at Maplelane Capital based in New York, New York. A spokesperson for MKH did not return an email seeking 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. His investing and institutional non-investment grade corporate lending experience spans over 40 years. In addition to the capital contributed by CalPERS, the firms owners have put up an additional $15million to invest, the firms form ADV shows. Maplelane Capital, LLC | LinkedIn Maplelane Capital - Asset Management Observer By providing a hyperlink to an external website or webpage, Penn Capital shall not be deemed to endorse, recommend, approve, guarantee or introduce any third parties or the services/products they provide on their websites, or to have any form of co-operation with such third parties and websites unless otherwise stated by Penn Capital. Mr. Green serves as a Senior Portfolio Manager for Penn Capitals Small Cap, Small to Micro Cap, Small to Mid Cap and Mid Cap equity strategies. 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). Fund profile, real-time performance, founders, 13-F holdings, positions and investment strategy. GameStop lead to a lot of hedge-fund headaches in January. At the time, it put approximately 200 people out of work. Ex-Navab Capital Partner Hires Carlyle Exec for New Firm 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. The Motta familys patriarch, Stanley Motta, is the son of Alberto Motta Cardoze, who was considered one of the founding fathers of duty-free shops in South America. this page. Mr. Green is also Vice Chairman of the Board of Directors for the Anti-Defamation League (ADL) Mid-Atlantic Region and was Co-Chairman of the ADL's 2018 Walk Against Hate. Robert Crespi - Maplelane Capital | AlphaMaven | AlphaMaven He also gained experience working for the Center for Financial Research and Analysis, a forensic accounting research firm, as well as an Analyst for Global Capital Management. Related Persons. All rights reserved. Background Maplelane Caused Regulation SHO Violations 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). He also counsels clients with regard to regulatory issues related to sustainability and renewable energy. He also gained experience working for Morgan Stanley in Clearwater, FL as a financial advisor. Robert S. Crespi is Managing Member at Maplelane Capital Llc and has been affiliated with Maplelane Capital Llc since March-2012. divided by the total MV of the fund. The economics of the situation is why it hasn't been tried in Maine, Rice says. Robert Crespi - Trader - Maplelane Capital | ZoomInfo As a member of the Equity RiskCommittee, Mr. Silva works closely with the equity portfolio management team to contribute ideas specifically in the micro to mid-capitalization range. Prior to joining Penn Capital, Mr. Bolen was a Senior Equity Research Associate at Raymond James Financial in St. Petersburg, FL covering the Consumer sector. SEC form, multiple filers or classes of filers, and much more.***. Robert Crespi. Robert McLaughlin, CFA Director of Investment Services, Senior Partner Mr. McLaughlin joined Penn Capital in 2011 as Operations Manager. However, Cyr cautions, that does not mean their futures' are dependent on each other. Maplelane Capital is based out of New York. Paul LePage's office approached the Portsmouth-based company last summer about purchasing the mills both of which had been closed by their previous owner, Toronto-based Brookfield Asset Management the inquiry wasn't greeted with enthusiasm. Today, Mike Kazma runs the familys investment firm, Amzak Capital Management. Navab Capital Set to Wind Down Following Founders Death, Former KKR Manager Creates Private Equity Firm Navab Capital, U.S. Senate Has HELP for Retirement Plans, Modern Slavery Act Transparency Statement. Please allow cookies to continue reading. ", 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). 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.
