Co-Founder Perkins To Retire From MKP Capital

Jul 28 2011 | 3:53pm ET

Maurice “Chip” Perkins, a founding member of alternative asset firm MKP Capital Management, will retire as strategic relationship manager of the end of 2011.

The company also announced the promotions of Anoop Dhakad and Katherine Plavan, who will lead the firm’s client development and investor relations efforts. Dhakad, a partner, has been managing the firm’s capital raising efforts since 2007. Plavan, a managing director who joined MKP in 2009, has been managing the firm’s client service efforts.

"Chip has played an integral role in growing the firm into what it has become today and we wish him the best," said Patrick McMahon, MKP’s CEO and co-founder. “From our start in 1996 with three people in a small New York office to more than 85 people in New York and London, Chip has been with us every step of the way, cultivating a strong firm culture and participating in the management of our growth.”
In addition to his most recent role as strategic relationship manager, Perkins was one of six members of the firm’s management advisory committee. Prior to co-founding MKP, Perkins spent 13 years at Salomon Brothers and three years at MCI.
"We started MKP 16 years ago and it is stronger today than at any other point in its history," said Mr. Perkins. "I am proud to have contributed to such a great organization, and I look forward to taking a step back to focus on my family and philanthropic efforts."
Established in 1995, MKP Capital Management has current AUM of approximately $4.5 billion.

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