Premium Point Expands Into Multifamily Opportunities

NEW YORK, April 2, 2015 /PRNewswire/ -- Premium Point Investments ("Premium Point"), a New York-based alternative asset management firm focused on the residential mortgage markets, today announced that it has hired Stephen Jones as a managing director to lead its investments in multifamily opportunities.

"The multifamily sector is an extension of our long-standing deep expertise in residential markets," said Neil Ahuja, CEO, CIO and Founder of Premium Point. "Having Stephen aboard will expand that expertise tremendously and enhance our integrated residential platform that we have built."

Jones has over two decades of experience in the real estate industry, and has executed over $10 billion worth of transactions over multiple market cycles. 

Most recently, Jones led Capmark Finance's asset management team in New York that worked out $2.5 billion of balance sheet loans and REO over a five year period. He led a team that managed over 30 REO properties that were ultimately sold for over $500 million.

Previously, he was a Managing Director with RBS Greenwich Capital where he completed $5 billion of financings, including a number of large, highly-leveraged and structured transactions. Prior to Greenwich Capital, he spent 10 years at Credit Suisse First Boston, principally in the commercial real estate group. He joined CSFB in 1993 after working at GE Capital Commercial Real Estate.  

Jones holds an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University and a B.A. from Emory University. He will report to partner and portfolio manager Amin Majidi.

About Premium Point Investments
Premium Point Investments LP ("Premium Point") is a $1.5 billion institutional asset manager that engages in relative value trading and fundamental credit investing in the residential mortgage markets. Premium Point operates an established mortgage platform from real estate acquisition and property management to loan underwriting & sourcing to bond securitization, issuance, trading. Premium Point was founded in 2008 by Anilesh Ahuja and is based in New York.  www.premiumpt.com

SOURCE Premium Point Investments

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