Sunday, 1 February 2015
Last updated 1 day ago
Aug 16 2012 | 4:01am ET
The U.S. Treasury Dept. has named a pair of alternative investment executives to the board of Ally Financial.
Gerald Greenwald and Henry Miller took two of the six seats the government holds on the auto lender’s board. The former heads private equity firm Greenbriar Equity Group and the latter is chairman of Marblegate Asset Management.
The Treasury owns 74% of Ally, the former GMAC Financial, after bailing out the troubled lender.
At Greenbriar, Greenwald focuses on transportation investments. A former CEO of United Airlines, Greenwald is no stranger to the auto industry, having gotten his start at Ford Motor Co. and later working at Chrysler.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…