Gracie Point Holdings, a frequent sponsor of securitizations backed by insurance premiums, has appointed Howard Levkowitz as its non-executive chairman, the company announced.
Levkowitz, known in the capital markets for founding Signal Hill Holdings, and as managing partner of Penn Properties, a real estate investment firm, also co-founded Tennenbaum Capital Partners, where he was a managing partner and chairman of the management committee.
"We are thrilled to welcome Howard Levkowitz to Gracie Point," according to a statement from Gracie Point founder and chief executive officer Harish Raghavan. "Gracie Point is now at the ideal inflection point to benefit from his tremendous experience and expertise in building and scaling successful global specialty finance companies."
Also, Vikas Singhal, a partner at Hudson Structured Capital Management, Gracie Point's lead investor said, "Howard is a rare combination of deep finance expertise and entrepreneurial spirit."
