Our people are our greatest asset. The majority of the members of the WL Ross investment committee have worked together for more than 18 years and have nearly 25 years of average experience in bankruptcy advisory, corporate finance, principal investing, credit workout, investment banking and security analysis.
This breadth of experience is significant — it allows us to recognize hidden opportunities, leverage our network of relationships, and effectively manage all phases of an investment from acquisition to exit.
Stephen J. Toy1
Stephen J. Toy is Senior Managing Director and Co-Head of WL Ross & Co. LLC and Chairman of the Investment Committee. Mr. Toy is actively involved in managing the Firm and is a member of the Management Committee. Mr. Toy currently serves on the board of directors for Amalgamated Bank, Compagnie Europeenne de Wagons, Permian Basin Materials LLC and Plascar Participacoes SA.
Mr. Toy was a founding member of WL Ross & Co. in 2000. From 1996 to 2000, he worked in the Mergers & Acquisitions and Corporate Restructuring Group of Rothschild Inc. and from 1994 to 1996 he worked in the Public Finance Group at O'Brien Partners Inc.
Mr. Toy graduated summa cum laude with a B.S. in Business Administration in 1994 from the State University of New York at Albany.
Gregory A. Stoeckle1
Gregory A. Stoeckle is a Senior Managing Director and Co-Head of WL Ross & Co. LLC. He is actively involved in managing the Firm and is Chairman of the Management Committee. In addition, Mr. Stoeckle is also a member of WL Ross & Co.'s Investment Committee.
Prior to joining WL Ross & Co. LLC, Mr. Stoeckle was President & Managing Director of Invesco Senior Secured Management, Inc.'s leveraged finance business, which he built from less than $1 billion in AUM when he joined in 1999 to $30 billion AUM in 2014. Prior to joining Invesco Senior Secured Management Inc. he had twelve years of banking and debt underwriting experience.
Mr. Stoeckle graduated from Ursinus College in 1987 with a B.S. in Applied Mathematics /Economics and also has an M.B.A. in Finance from Saint Joseph's University.
James B. Lockhart III1
James B. Lockhart III is Vice Chairman of WL Ross & Co. LLC and member of the Investment Committee and Management Committee. His responsibilities include overseeing financial services portfolio companies and sourcing new opportunities in the financial services industry.
Prior to joining WL Ross & Co. in 2009, Mr. Lockhart served as the Director of Federal Housing Finance Agency and Chairman of its Oversight Board, and Director of its predecessor agency, the Office of Federal Housing Enterprise Oversight. He also served on the Financial Stability Oversight Board, overseeing the TARP Program. Mr. Lockhart was The Deputy Commissioner and COO of the Social Security Administration and Executive Director of Pension Benefit Guaranty Corporation. Mr. Lockhart's private sector financial services experience includes senior positions at an investment bank, reinsurer, insurance broker, risk management firm and major oil company. He also served as an officer aboard a nuclear submarine.
Mr. Lockhart holds an M.B.A. from Harvard University and a B.A. from Yale University. Mr. Lockhart is a director of Virgin Money in the U.K., Bank of the Cascades, Capital Markets Cooperative, Situs Holdings and the Bruce Museum. In 2009, he received The American Financial Leadership Award from the Financial Services Roundtable. He is a Fellow of the Association of Corporate Treasurers in the UK.
Nadim Z. Qureshi
Nadim Z. Qureshi is a Managing Director for WL Ross & Co. LLC. In this role, he heads private equity investments in the chemical and the industrial sectors.
Mr. Qureshi joined WL Ross & Co. in 2015. Prior to that, he was a Partner at Quinpario Partners, an investment and operating firm focused on the chemical and industrial sectors. Prior to this he led the corporate development and strategy functions at Solutia Inc. Mr. Qureshi was a member of the executive team that led the restructuring and transformation of Solutia from a bankrupt, commodity producer to a global, highly profitable specialty chemicals business until its sale to Eastman Chemical in 2012. Prior to Solutia, Mr. Qureshi was with Arthur D. Little and Charles River Associates where he advised large multinational chemical, industrial and private equity clients.
Mr. Qureshi earned his B.S. in Chemical Engineering and M.S. in Macromolecular Science & Engineering from Case Western Reserve University. He also earned his M.B.A. from Northwestern University's Kellogg School of Management. Mr. Qureshi currently serves on the Board of Diamond S Shipping Group, Inc. and previously served on the board of Nexeo Solutions “NASDAQ: NXEO.”
Harold (Hal) L. Malone III
Head of Transportation
Harold (Hal) L. Malone III is Head of Transportation for WL Ross & Co. LLC. In this role, he leads private equity investments in the transportation and related sectors.
Mr. Malone joined WL Ross & Co. in 2017. Prior to joining WL Ross & Co., Mr. Malone served as the chief strategic officer for the Navig8 Group, a fully integrated provider of shipping management services and the world’s largest independent pool and commercial management company. Before Navig8, he spent over 18 years in investment banking, most recently as a managing director in the maritime group at Jefferies LLC. During Mr. Malone’s career, he has served as the lead advisor in a number of high profile maritime transactions, including the initial public offering of Navigator Holdings (the parent company of Navigator Gas), the merger of Navig8 Crude Tankers with General Maritime to create Gener8 Maritime and the recapitalization of Overseas Shipholding through chapter 11 on behalf of the ad hoc equity holders committee.
Mr. Malone earned a B.S. in economics, summa cum laud, from the Wharton School of Business at the University of Pennsylvania. Mr. Malone currently serves on the Board of Directors for Navigator Holdings Ltd. “NYSE: NVGS”, an owner and operator of liquified gas carriers, and Nautical Bulk Holdings Ltd, a dry bulk shipping company
Head of Transportation
Patrick J. Machir
Patrick J. Machir is a Principal for WL Ross & Co. LLC. In this role, Mr. Machir's responsibilities include sourcing, evaluating and executing distressed private equity investments across a range of industries. Mr. Machir currently serves on the board of directors of International Automotive Components Group and PB Materials Holdings, Inc. and is a member of the Investment Committee of Transportation Recovery Fund.
Mr. Machir joined WL Ross in 2006. From 1999 to 2004 he worked at Bear Stearns & Co., in the Investment Banking department as a member of the Leveraged Finance Group and in the High Yield Research department. Mr. Machir has been in the industry since 1999.
Mr. Machir earned a B.S. in Finance and Accounting from Georgetown University's McDonough School of Business, and an M.B.A. from The Wharton School of the University of Pennsylvania.
Su Yeo is a Principal at WL Ross & Co LLC. Her responsibilities include sourcing, structuring, executing and managing investments across numerous industries for WL Ross & Co.
Prior to joining WL Ross & Co., Ms. Yeo spent more than 16 years at Morgan Stanley and Lehman Brothers where she was involved in mergers and acquisitions, capital raises, principal investments and corporate workouts and restructurings globally.
Ms. Yeo holds an M.B.A. from The Wharton School of Business and a B.A in Economics from Bryn Mawr College.
Jie Zheng is a Principal for WL Ross & Co. LLC. In this role, he analyzes potential investment opportunities in various industries.
Mr. Zheng joined WL Ross & Co. in 2009. From 2003 to 2009, he was an Associate for Fore Research & Management, where he focused on credit and fundamental research. From 1998 to 2001, he was a Research Analyst and Portfolio Manager for the Asset Management Division of Everbright Securities in China, where he focused on investing in domestic equity market. Mr. Zheng has been in the industry since 1998.
Mr. Zheng earned his B.S. in Thermal Power Machinery and Installation and M.S. in Economics from Shanghai Jiao Tong University, and his M.B.A. in Analytical Finance and Accounting from The University of Chicago. He is a CFA Charterholder.
David A. Arumala
David A. Arumala is a Vice President for WL Ross & Co. LLC. In this role, he is primarily responsible for evaluating and analyzing distressed private equity opportunities.
Mr. Arumala joined WL Ross & Co. in 2013. From 2010 to 2013, he worked as an investment banking analyst in the Financial Institutions practices of J.P. Morgan and Barclays. Mr. Arumala has been in the industry since 2010.
Mr. Arumala holds a B.S. in Finance, magna cum laude, from the Robert H. Smith School of Business at the University of Maryland, College Park.
Denny Kim is a Vice President for WL Ross & Co. LLC. Mr. Kim is primarily responsible for investments in the financial services and real estate sectors. He currently serves on the Board of Directors for Talmer Bancorp, Inc.
Mr. Kim joined WL Ross & Co. in 2010. From 2004 to 2007, he was an Associate for J.C. Flowers & Co. LLC, a private equity firm focused exclusively on the financial services sector. From 2001 to 2004, he was an Investment Banking Analyst in the Financial Institutions Group at Credit Suisse First Boston. Mr. Kim has been in the industry since 2001.
Mr. Kim earned his B.A. in Economics from Northwestern University, and his M.B.A. from the Tuck School of Business at Dartmouth.
David M. Koziol
David M. Koziol is a Vice President for WL Ross & Co. LLC. Mr. Koziol is primarily responsible for analyzing distressed opportunities for the firm's private equity strategies, including investments in the transportation and building materials sectors.
Mr. Koziol joined WL Ross & Co. in 2010. From 2007 to 2010, he was an Associate at Clearlake Capital Group, where he analyzed special situations and distressed investment opportunities. Prior to that, Mr. Koziol worked as an Analyst in the Restructuring Group at Lazard. Mr. Koziol has been in the industry since 2003.
Mr. Koziol received a B.A. in Mathematical Economics from Colgate University.
William W. Morton, Jr.
William Morton, Jr. is a member of the investment team for WL Ross and Invesco WLR Credit Partners. In this role, he is responsible for sourcing and business development with respect to distressed investment opportunities.
Mr. Morton joined WL Ross & Co. in 2003. From 1999 to 2003, he was a Partner at Sycamore Management Corp., a growth equity and venture capital fund manager focused on the U.S., China and India, where he focused on deal sourcing, closing, monitoring and exiting for the U.S. and China funds.
From 1997 to 1998, he was at Ares Management, L.P., a market value leveraged investment fund, where he focused on mezzanine and high yield investing. From 1991 to 1994, he was at Citicorp Venture Capital, Ltd., a private equity fund. Mr. Morton has been in the industry since 1991.
Mr. Morton earned his B.A. in history cum laude from Yale College in 1991 and his J.D. with honors from Columbia University School of Law in 1997. He is a member of the New York Bar Association.
Tod Holberton is an Associate on the investment team for WL Ross & Co. LLC. In this role, he is responsible for analyzing and executing distressed investment opportunities.
Mr. Holberton joined WL Ross & Co. in 2017. From 2014 to 2017, he was a member of the Restructuring & Recapitalization investment banking group at Jefferies. He has been in the industry since 2014.
Mr. Holberton earned his B.A. in Economics from Brown University.
Nick Peterson is an Associate with WL Ross & Co. LLC. In this role, he is responsible for analyzing and executing distressed private equity investments and performing distressed investment research.
Mr. Peterson joined WL Ross & Co. in 2017. Prior to his work with WL Ross & Co., he was an investment banking analyst, working in the mergers and acquisitions group of Citigroup and the generalist investment banking group of Moelis & Company. He previously worked in the public finance advisory practice of The PFM Group. Mr. Peterson has been in the industry since 2011.
Mr. Peterson holds a B.S. in Finance from Saint Francis University and a M.S. in Finance from Villanova University.
Giang Nguyen is an Associate on the investment team for WL Ross and Invesco Credit Partners. In this role, she is responsible for analyzing and executing distressed investment opportunities.
Ms. Nguyen joined WL Ross & Co. in 2015. From 2013 to 2015, she was an Analyst in the Healthcare investment banking group of Bank of America Merrill Lynch. She has been in the industry since 2013.
Ms. Nguyen earned her B.A. in Mathematics and Economics, magna cum laude, Phi Beta Kappa, from Smith College.
1 Investment Committee member
WL Ross & Co. LLC is an investment adviser and is an indirect, wholly owned subsidiary of Invesco Ltd.