The reputable S&P Global Market Intelligence, a division of S&P Global; profiles Michael Nierenberg as the current New Residential Investment Corporation Chairman and CEO. Michael Nierenberg was before this appointment the Managing Director of Global Mortgages and Securitized Products at Bank of America Merrill lynch. His entire career has been in the investment banking and mortgage sector of the finance industry; where he has been heading departments handling financial securities, debt financing global mortgages.
Mr. Nierenberg joined Bank of America Merrill Lynch in 2008, before which he was head of global securities at JP Morgan and a member of its management committee. Before coming to JP Morgan, Michael Nierenberg was the senior executive heading Global Securitized Products at Fortress Investment Group LLC in New York. According to a Bloomberg post by Devin Banerjee and Hugh Son dated 12th September 2013, the Wall Street Journal reported Michael Nierenberg’s move to Fortress that previous day. He joined Fortress Investment Group’s private equity sector to focus on real estate trust, residential mortgages and related property holdings in the likes of Nation Star Mortgage or Springleaf Finance.
His connections in investment and finance banking are widespread and include; New Media Investment Group, Drive Shack Inc., Mueller Industries Inc., New Senior Investment Group in and Irsa Inversiones y Representaciones SA among many others.
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