FOR
IMMEDIATE RELEASE
NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR
INTO OR FROM THE UNITED STATES, ANY MEMBER STATE OF THE EUROPEAN
ECONOMIC AREA (OTHER THAN THE REPUBLIC OF IRELAND), AUSTRALIA,
CANADA, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL
TO DO SO.
4 November 2024
EJF Investments
Ltd
("EJFI" or the
"Company")
Chair
Appointment
The Board of EJFI, which provides
investors exposure to a diversified portfolio of debt issued by
smaller US banks and insurance companies and participation in
certain management fee income streams of EJF Capital LLC ("EJF"),
is pleased to announce the appointment of John Kingston as the
Chair of the Board of Directors of the Company with effect from 1
November 2024.
After graduating from Harvard Law
School and the University of Pennsylvania's Wharton School of
Business, Mr. Kingston began his career at Ropes & Gray (a
global law firm) and Morgan Stanley. Mr. Kingston then joined
Affiliated Managers Group (NYSE: AMG) as a member of the senior
leadership team (ultimately serving as Vice Chairman) that grew a
small investment management platform into a global asset management
firm with approximately $700 billion in AUM and an enterprise value
of $15 billion at the time of his departure.
Mr. Kingston has founded and/or
overseen (stewarding through governing and advisory boards) a
variety of for-profit, not-for-profit and political initiatives,
including the AMG Mutual Funds, Mangrove Management Partners,
Lattice Capital Management, the Pioneer Institute, Veritas Forum,
the Forward Party, Foundation for Excellence in Higher Education,
Committee to Fix the Debt, and the American Enterprise
Institute.
Mr. Kingston was originally
appointed as a Non-Executive Director of the Company on 6 September
2024, with a view to him assuming the role of Chair of the Board of
Directors of the Company following a handover period from the
Interim Chair, Alan Dunphy.
Mr. Dunphy will continue to serve as
a Non-Executive Director of the Company. The Board and EJF
wish to express their sincere gratitude to Mr. Dunphy for his
exceptional leadership and guidance during this transitional
period.
ENQUIRIES
For the Investment
Manager
EJF Investments Manager
LLC
Adeeb Ahmed / Jay Ghatalia
aahmed@ejfcap.com /
jghatalia@ejfcap.com
+44 203 752 6774 / +44 203 752
6776
For
the Company Secretary and Administrator
Apex Financial Services (Alternative
Funds) Limited
ejficosec@apexgroup.com
+44 204 549 0721
For
the Broker
Panmure Liberum
Darren Vickers
ejfinvestments@panmureliberum.com
+44 203 100 2222
Barclays Bank PLC
Dion Di Miceli/Stuart
Muress
BarclaysInvestmentCompanies@barclays.com
+44 207 623 2323
About EJF Investments Ltd
EJFI's objective is to provide
shareholders with attractive risk adjusted returns through regular
dividends and capital growth over the long term. EJFI generates
exposure primarily to a diversified portfolio of loans issued by
financial institutions and related or similar assets in the U.S.,
U.K. and Europe.
EJFI currently invests primarily in
CDO Equity Tranches structured by an affiliate of EJF Capital LLC,
providing levered exposure to a highly diversified portfolio of
securities issued by U.S. financial institutions (banks and
insurance companies), these being Risk Retention
Investments.
EJFI is a registered closed-ended
limited liability company incorporated in Jersey under the
Companies (Jersey) Law 1991, as amended, on 20 October 2016 with
registered number 122353. The Company is regulated by the Jersey
Financial Services Commission (the "JFSC"). The JFSC is protected by both
the Collective Investment Funds (Jersey) Law 1988 and the Financial
Services (Jersey) Law 1998, as amended, against liability arising
from the discharge of its functions under such laws.
The JFSC has not reviewed or
approved this announcement.
LEI: 549300XZYEQCLA1ZAT25
Investor information &
warnings
The latest available information on
the Company can be accessed via its website at www.ejfi.com.
This communication has been issued
by, and is the sole responsibility of, the Company and is for
information purposes only. It is not, and is not intended to be an
invitation, inducement, offer or solicitation to deal in the shares
of the Company. The price and value of shares in the Company and
the income from them may go down as well as up and investors may
not get back the full amount invested on disposal of shares in the
Company. An investment in the Company should be considered only as
part of a balanced portfolio of which it should not form a
disproportionate part. Prospective investors are advised to seek
expert legal, financial, tax and other professional advice before
making any investment decision.