David Hough

Experience

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  JPMorgan

  Jan 1994 - Jan 1995

  Analyst

  Analyst Training Program

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  The Bank of New York

  Apr 1995 - Aug 1998

  Assistant Vice President, Corporate Banking, Media & Telecommunications Division

  Media Telecom Banking ('97-'98) Middle Market Banking ('95-'97)

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  CAK Universal Credit Corp

  Aug 1998 - Apr 2001

  Vice President, Origination & Structuring, IP Securitization & Advisory

  Joint venture between Charles Koppelman and Prudential Securities. Originated, structured, underwrote and marketed privately-issued ABS securities secured by intellectual property assets. Developed best practices for the execution of intellectual property transactions, working with institutional investors, credit enhancement providers and ratings agencies. Provided strategic advice to owners of intellectual property under exclusive corporate finance, restructuring and M&A advisory mandates. Completed CFA Level I & Level II exams. Show less

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  Swiss Re Capital Markets

  Jul 2001 - Dec 2003

  Instrumental in the development and implementation of Swiss Re’s ABS strategy on the Swiss Re Capital Markets platform. Originated and structured “new asset” ABS transactions including intellectual property and insurance related risks. Acted as the primary contact for all ABS issuer referrals and prospects. Aided the fixed income sales and distribution platform in identifying, qualifying and educating prospective investors. Series 7 & 63 licensed. Developed and implemented the business plan for the Specialized Asset Backed Risks ("SABRs") product and business platform, leading a cross-functional team of insurance and capital markets professionals. Originated and structured complex asset-backed transactions utilizing customized insurance and capital markets solutions. Originated Swiss Re's first exclusive lead mandate for an ABS transaction for a corporate client. Series 7 & 63 licensed.

  • Vice President, Origination & Structuring, Asset Backed & Insurance Linked Securities

    Nov 2002 - Dec 2003

  • Vice President, Structured Finance, Specialized Asset Backed Risks

    Jul 2001 - Nov 2002
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  WestLB

  Jan 2004 - Apr 2007

  Director, Origination & Structuring, Asset Securitization Team

  Originated, structured and managed a portfolio in excess of $2.8 billion of loan commitments of the bank for ABS transactions in new and emerging asset classes for execution via the term market, the firm’s administered conduits and the firm’s balance sheet. Asset classes financed: Future Flows, Intellectual Property, Insurance, Corporate & Consumer Leases and Loans (including corporate loans, cell tower leases, trade receivables, equipment leases and structured legal settlements). Industries covered: Private Equity Sponsors, Specialty Finance, Franchise, Consumer Goods, Pharmaceutical, Telecommunications and Media & Entertainment. Led client pitches and investor road shows for all new and emerging asset prospects/clients. Presented all relevant transactions to internal credit committees and outside rating agencies and managed respective relationships throughout the transaction life-cycle. Managed key third-party vendor relationships with asset services, master collateral agents, trustees, outside counsel and back-up managers. Founded the firm’s Life Finance business. Founding Board Member of the Institutional Life Markets Association. Series 7 & 63 licensed. Show less

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  PBL Capital

  May 2007 - May 2010

  Director & Portfolio Manager

  Multi-strategy fund manager managing nearly $1B of AUM focusing on (i) providing structured, asset-based loans to middle market companies across a wide spectrum of industries and asset classes and (ii) funding the acquisition of consumer and commercial financial assets across a wide spectrum of industries and asset classes.Originated, structured and managed a portfolio in excess of $250 million AUM on behalf of the various funds managed by PBL Capital, a multi-strategy alternative investment hedge fund. Established and maintained the fund’s New York metropolitan presence. Invested in structured financings relating to cell towers, media & entertainment assets, consumer charge-off receivables, secured consumer loans, commercial service contracts, consumer buy-here-pay-here auto payments, life settlements and single-family, multi-family, time-share and commercial real estate assets. Responsible for regular investor relations communications including monthly performance reports and ad hoc portfolio updates. Regularly pitched prospective limited partners and clients. Managed the fund’s key third party, transaction-related service providers, including outside legal counsel, asset servicers, trustees and custodians. Managed the fund’s relationships with lenders and investment banks. Show less

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  Hough Consulting

  Jun 2010 - Aug 2017

  Founder & Managing Member

  Hough Consulting advised issuers and investors throughout the alternative investments marketplace with a primary focus on specialty finance and healthcare industries.Leveraging off of more than 15 years of originating, structuring, buying and selling investments exclusively consisting of new and emerging asset classes, Hough Consulting was uniquely positioned to provide value-added advice to current and prospective investors and issuers within the alternative investment marketplace.Consulting engagements included (i) restructuring and liquidating of investments for numerous funds in the alternative investments marketplace (ii) advising qualified investors seeking entry into new and emerging asset classes (iii) advising entrepreneurs on strategy and implementation of new strategic business ventures (iv) advising prospective issuers on structure and capital strategy and (v) serving clients in various interim C-Suite appointments. Show less

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  Pathway Healthcare Addiction Centers

  Aug 2017 - now

  Board Member
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  Signal Financial Holdings

  Sept 2017 - Jul 2022

  Chief Executive Officer

  Established in 2017, SFH is wholly-owned portfolio holding company of 777 Partners. SFH actively pursues opportunities to acquire assets and companies in the litigation finance sector. SFH currently holds a number of control investments in operating companies and asset portfolios in the litigation finance industry. Operating subsidiaries include Signal Funding, ML Healthcare and American Horizon Financial.

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  777 Partners

  Sept 2017 - Jul 2022

  Operating Partner, Investment Principal & Head of Capital Markets

  777 Partners is a private investment firm founded on the vision of creating positive economic impact and long-term value for our portfolio companies and capital partners. With deep experience in private equity, specialty finance, fintech, insurance, and aviation, our exceptional team has an uncanny ability to harness growth in underserved and inefficient markets.Founded in 2015 as the result of a management buyout of SuttonPark Capital from PennantPark, a publicly traded investment grade BDC (Nasdaq: PNNT), the firm has grown across multiple industries and investment verticals. Our holding company structure, in combination with proprietary and flexible capital, uniquely positions us to capitalize on opportunities quickly and to creatively structure transactions to maximize long-term value. Today, 777 Partners invests in a broad spectrum of specialty finance businesses, asset originators, and financial technology and service providers, as well as selective investments in special opportunities. Show less

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  Association for Corporate Growth (ACG)

  Jan 2019 - now

  Member
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  East West Bank

  Aug 2022 - now

  Managing Director

  Responsible for delivering relationship-driven solutions to the bank's increasingly diverse and sophisticated customer base by leveraging the full range of traditional commercial and investment banking products & services. Leading the effort to build out East West Markets, EWB's affiliated broker dealer, to provide structuring and distribution services to its issuer clients. Series 7, 63 & 24 licensed.