Robert E. Kiernan III
Before founding APM, Mr. Kiernan spent nearly two decades in the capital markets with Salomon Brothers and Lehman Brothers, during which he was responsible for building, managing, and leading multiple global fixed income and investment banking businesses.
At Lehman Brothers (1992-2002), he served as Global Head for several businesses including Financial Engineering, Liability Management, Private Placements, and Technology and eCommerce. He also spent several years in London where he was Head of European Capital Markets and served on both the Investment Banking and Fixed Income Operating Committees, as well as the Capital Commitments Committee. At Salomon Brothers (1986-1992), where Mr. Kiernan began his capital markets career, he was responsible for the sovereign and GSE Liability Management business.
Prior to joining Salomon Brothers, Mr. Kiernan held several foreign policy positions in the first Reagan administration including appointments at USIA, the National Security Council, and the Department of State. He was also a member of the US Delegation to the United Nations Human Rights Commission.
Mr. Kiernan currently serves in a number of board positions including Co-Chairman of the Board of Directors of Educate Girls Globally, member of the Advisory Board of the Center on Capitalism and Society at Columbia University, and member of the Research Review Board of the CFA Institute Research Foundation. He is also a member of the Royal Institute of International Affairs (Chatham House), the International Institute for Strategic Studies (IISS), and the Council on Foreign Relations.
Mr. Kiernan received an AB magna cum laude and an AM with distinction from the four-year AB/AM program at Boston College, and an MBA from the University of Chicago where he was a First National Bank Scholar. He also has studied as a graduate student at the Fletcher School of Law and Diplomacy and the University of Cambridge, and has been a Senior Fellow at the Kennedy School of Government at Harvard University where he led a seminar and research project on socially responsible investing (SRI).
Deleveraging and newly imposed regulatory restrictions have hindered traditional bank lenders activity, and in turn restricted the capital available to many segments of the US and global economies. This has created a tremendous opportunity for alternative lenders to step in to fill the void.