Management Manager
Resume:
Chad Blakeman
Email: *********@********.***
Address: **** ******* ******
City: Evanston
State: IL
Zip: 60201
Country: USA
Phone: 312-***-****
Skill Level: Senior
Salary Range: > $250,000
Willing to Relocate
Primary Skills/Experience:
See Resume
Educational Background:
See Resume
Job History / Details:
CHAD S. BLAKEMAN, MBA
2739 Lincoln Street
Evanston, IL 60201
*********@********.***
OBJECTIVE
Executive Level Management, Financial Services, Risk Management, Portfolio Management Seeking a leadership opportunity to leverage superior personal relations skills, creativity, results driven approach and a passion for assembling deals that work. Positively impacted the performance of Public and Private Companies and startup ventures through integration of teamwork and risk management
SUMMARY OF QUALIFICATIONS
Sr. Financial Services Executive Management with 20+ years of portfolio management, origination and investment in debt securities, underwriting, risk management, and investment management with Freeport Financial, GE Capital, Bank of America, and Golub Capital
* Successful background in building businesses within and outside a large organization (including equity /debt raising efforts to launch and grow Freeport Financial, CLO bond placement)
* Extensive experience reviewing over 5,000 loan opportunities, including Information Technology including Enterprise Software, Health Care and Commercial and Industrial (C&I) loans
* Recognized for results-orientation, business acumen, reliability, flexibility, problem solving and analytical skills, effective communication, investor and customer relationship management, leading teams, and developing people
* Ability to build a first class team focused on originating, underwriting, account management, and work out strategies to maximize return potential in senior secured, asset-based and mezzanine debt
* Recognized for results-orientation, business acumen, reliability, flexibility, problem solving and analytical skills, effective communication, investor and customer relationship management, leading teams, and developing people
* Core competencies:
Customer Relationship Management Structuring Complex Financial Transactions
Strategic Planning and Execution Senior and Subordinated Debt, Equity Co-Investments
Risk Management Portfolio Management
Team Leader Work Out and Restructuring Experience
Underwriting Turnaround Strategies
Credit Policy Formation Financial Analysis
Forecasting and Modeling Legal Documentation
Capital Markets/Syndications Experience Investor and Lender Relationship Management
Business Analysis and Valuation Public Bond Offerings
PROFESSIONAL EXPERIENCE
Golub Capital, Chicago, IL 08/11-09/12
Nationally recognized credit asset manager with over $7 billion of capital under management
Head of Strategic Initiatives
* Reviewed new growth opportunities for the firm in related asset classes to compliment the core business, fund raising projects, and fund related matters
* Assessed multiple portfolio opportunities, potential takeover targets, and business platforms outside the core business (conducted extensive due diligence and prepared term sheets for offers)
Significant accomplishments:
Established a new joint venture with a bank and completion of the application process for a new SBIC fund
Generated two portfolio opportunities and two potential takeover targets
Completed application process for an SBIC spin off strategy to compliment core business
Headed an effort to develop a comprehensive annual budget for all of Golub Capital including a breakdown by business line for strategic planning that gave senior management their first real tool for effective strategic plan development
Fifth Street Finance Corp., New York, NY 04/10-07/11
Specialty finance company (BDC) that lends to and invests in middle market companies in connection with an investment by private equity sponsors, including one stop, traditional senior, and mezzanine loans
Co-Chief Investment Officer and Managing Director
* Managed marketing, structuring, underwriting, and portfolio management for $1B middle market lending (one stop, traditional senior and mezzanine). Served as one of four members of Investment Committee for all lending related decisions
* Facilitated key lending relationships to expand Fifth Street`s Capital base for future growth; worked with 2 large banks to set up long term lending relationships with lowered cost of capital to facilitate bottom line performance as well as allow company to diversify into other asset classes
Significant accomplishments:
Successfully worked out or restructured 15 portfolio investments, including foreclosure actions and bankruptcy to secure control of investment and preserve return to investors
Analyzed over 250 new deal opportunities, closing 20 transactions for $500 million in new exposure, with expected yield of 11% with average leverage of 3.2x
Re-formulated company`s strategy to create a flow business of opportunities, up tier sponsor relationships and standardize underwriting process, improve efficiency, and up tier; standardized risk management practices for existing portfolio and new business
Upgraded portfolio management tools to increase visibility of portfolio, create critical dashboards for improved risk management, diversification, track key data, and using pattern recognition methodology to build tools to sensitize the next 12 months of performance on a borrower by borrower to better pro-actively manage portfolio
Chad S. Blakeman Page 2
Fifth Street Finance (continued)
Instituted weekly meeting to cycle through all portfolio accounts (38 total transactions, $650 million) to review performance, strategies, identify bottom 10% of assets to target improvement or determine exit strategies
Launched a new product expansion to augment one stop product to facilitate growth (raising capital and negotiating credit lines to launch senior debt only product and re-invigorate mezzanine investment strategy)
Served as Chairman of one restructured company, successfully turning business around (increased annual EBITDA from $1MM to $5MM) and making further investment to diversify and continue to growth core platform (to $10MM in EBITDA) with a targeted exit at end of 2012
Sat on Board of another investment seeking exit opportunities
CastleGuard Partners LLC, Chicago, IL 05/09-03/10
A provider of capital to fund the growth of middle market companies
Managing Partner:
* Consulted for Private Equity Sponsors; raised capital for new debt fund; valued portfolios, set credit reserves, verified loan risk ratings, and performed portfolio metrics
Significant accomplishments:
Executed approx 50 NDA`s with potential investors
Raised capital for a new lending platform focused on the middle market; created business plans for origination/distressed debt platform; wrote credit and valuation policy; and developed new portfolio management software
Freeport Financial LLC, Chicago, IL 10/04-03/09
An investment manager that provides financing solutions to middle market companies
Co-Founder, Senior Managing Director and Senior Risk Officer
* Launched Freeport Financial LLC to establish a middle-market finance company in conjunction with Stark Investments
* Established proven underwriting policy based on a comprehensive checklist of best practices built on 20 years of experience to underwrite cash flow, identify key risks, generate multiple sensitivity cases, use of third-party accounting firms to verify historic cash flow, third-party review of insurance, appraisers, industry consultants, environmental, etc.
* Developed Freeport`s credit policy, underwriting standards and risk management platform to manage a $1.5B portfolio of 72 investments that generated $46MM, with only two losses by the end of 2011
* Led team in conducting large portfolio valuations as a means to extend Freeport Platform
Significant accomplishments:
Raised $500MM in LP Capital and negotiated a $500MM (later increased to $700MM) warehouse facility with Citibank
Developed a network of sponsor relationships to establish a consistent flow of origination opportunities, resulting in an average deal flow of 50 to 70 new transactions a month (over 1,600 over 5 years) from over 100 private equity sponsors
Designed a numerical loan scoring system focused on key quantitative predictors of loss (determined by a study conducted at GE Capital) and used to set risk mitigation strategies
Placed $425MM in bonds for a pure middle-market CLO (notional value $525MM) that was 1.8x oversubscribed
Developed a comprehensive risk management software application to facilitate timely reporting, improve forecasting capability, and anticipate trends in cash flow
GE Capital Corporation, Chicago, IL 09/99-10/04
Senior Vice President Risk Management
Grew and managed a $1.5 billion middle market cash flow and asset based loan portfolio with 68 loan platforms (reviewed all new business underwriting, directed risk management strategies for amendments, waivers and modifications)
* Drafted a manual on Asset Based Lending Strategies for use across the business.
* Co-managed 28-member team with responsibilities for performance plans, annual reviews, compensation, and promotions; developed training programs for continuing education of junior team members
Significant accomplishments:
Developed Asset Based Lend Strategies for use across the business
As Vice President Capital Markets Group (09/98-09/99), responsible for structuring, pricing and syndicating Asset Based and Cash Flow Loans for GE Capital, successfully placed $1B in loans, generating over $15 million in fee income
Heller Financial, Chicago, IL 1995-1998
Senior Underwriter and Account Manager
Bank of America 1991-1995
Underwriter
First National Bank of Chicago 1986-1991
Credit Analyst
EDUCATION
* MBA, DePaul University, Chicago, IL
* Bachelor in Science of Business, University of Illinois, Urbana/Champaign, IL
* Series 7 and 63 NASD
* GE Management Training Programs focused on managing and energizing people
* Six Sigma Greenbelt Certified
Contact this candidate