Ares Management named Jeffrey Kramer as a portfolio manager in the firm’s capital markets group, where he will lead a “tactical expansion” of the firm’s structured credit business to include a broad range of consumer and commercial specialty finance related assets.
Kramer brings 26 years of experience in structured finance, specialty lending and asset securitization. He joins Ares from Goldman Sachs’ special situations group. In 2005, Kramer founded ReMark Capital Group, a buyer and lender of consumer finance assets, in partnership with Goldman Sachs. ReMark was fully integrated into Goldman Sachs in 2009.
“We are excited to welcome Jeff to the team,” Greg Margolies, global head of the capital markets group, said in a press release. “He brings a wealth of knowledge and asset investing experience that is complementary to our existing structured products platform and further enables us to identify attractive opportunities for our investors.”
Prior to Goldman, Kramer served as executive director in the global financial markets division as a group head of the securitization and structured credit unit of WestLB AG. Prior to joining WestLB, he served in the structured finance and capital markets groups at Rothschild and Nomura Securities and also as a vice president in the asset finance group at Financial Security Assurance, Inc. (now Assured Guaranty).