GPB Capital Holdings LLC, a New York-based alternative asset management firm, has hired Michael Cohn as managing director and chief compliance officer. Cohn was most recently a securities compliance examiner and industry expert in the asset management unit of the U.S. Securities and Exchange Commission’s Enforcement Division.
In addition to his regulatory background, GPB noted that Cohn has experience creating, developing, and supporting investment and risk teams for hedge funds, private investment funds, managed accounts, and investment banks—to his new position.
“Michael’s deep knowledge and experience will be valuable to us as we continue to strengthen our compliance, risk management, and asset management processes and procedures across our organization,” said David Gentile, founder and CEO of GPB Capital.
Prior to his work with the SEC, Cohn was the chief risk officer of two private investment funds from 2005 to 2014, where GPB said that “he helped restructure both firms’ portfolios and created enhanced investment and risk management processes.” According to his LinkedIn profile, Cohn served as chief risk officer and COO at Cynthion Partners and WR Capital Management during that time.
Earlier in his career, he worked for Merrill Lynch and Goldman Sachs and at his own hedge fund and commodity trading advisor firm.
“I am proud to be able to contribute to GPB Capital’s mission by making ongoing, firm-wide enhancements to its compliance, risk management, and asset management processes and procedures,” said Cohn. “Helping the firm stay in compliance with both new and existing rules and regulations is a critical part of empowering its personnel to achieve the firm’s short- and long-term business goals. I am enjoying the opportunity to study and learn about the many industries in which the firm’s affiliated companies operate.”
Cohn received his MBA in finance, with academic distinction, from the Wharton School of the University of Pennsylvania, and graduated from Rutgers College with a bachelor’s degree in economics. He also holds the chartered financial analyst designation, and a certificate in securities and financial regulation from Georgetown Law School.
GPB Capital is a New York-based alternative asset management firm that seeks to acquire income-producing private companies. GPB Capital seeks to provide its operating companies with the strategic planning, managerial insight, and capital needed to enable strong businesses to achieve the next level of growth and profitability. GPB Capital has raised more than $1.5 billion in capital.