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Mora and Founder Nick Jean-Baptiste will work closely to lead Jacmel’s strategic growth efforts and continue the firm’s legacy of driving impactful investments in privatecompanies. He also served as Managing Director at The Exxel Group, the largest private equity group in Latin America at the time.
It was underwriting, you know, it was like doing investmentbanking, underwriting public offerings. It was dealing with like the sort of guts of the bank and like new product development and capital and, and balance sheet. Whereas in a public company merger, like it doesn’t really work that way.
And what was fascinating about Drexel and kind of the diaspora, if you will, of that era was that we all basically went out looking to take that experience, particularly in high yield and kind of buyouts and financing, and do it at either banks or other investmentbanks. KENCEL: It’s the investmentbanking affiliate.
On top of that, it owns dozens of privatecompanies and nonmarketable securities. Bank of America: 10.1% of invested assets Another stock that's gotten the axe from Buffett recently is Bank of America (NYSE: BAC) , a company in which he first invested in 2011. portfolio is highly diversified.
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