WATT'S ECOSYSTEM

Paul joined with Stuart Degg to found Watt Asset Management in 2019.  Prior to Watt, Paul was Managing Director and Head of Specialty Finance at Global Atlantic, where he was responsible for managing a large investment portfolio.  Paul’s accomplishments at Global Atlantic included assembling one of the largest financially owned renewable energy portfolios in the US.  Prior to Global Atlantic, Paul held a variety of leadership positions at Apollo Global Management, UBS and Deutsche Bank.  Paul is actively involved in managing his Haymart& Agri-Cal farming, milling and logistics businesses.  Paul received BA and MBA degrees from Columbia University.

Stuart is an investor, primarily in financial services, through his vehicle Libero Ventures.   Libero was founded in 2007 and has partnered with major investors in a variety of M&A transactions, including the take-private of Brit and Aspen insurance companies. Prior to Libero, Stuart was Head of Strategy for the Lloyd's insurance market and from 1986-2003 worked as an underwriter at Royal Insurance culminating in being Group Director of RSA Insurance. A co-founder of Rightmove, the $6bn market cap housing business, Stuart resides in the UK and is a director of various entities in the UK & Bermuda.

Scott has over 25 years experience in the finance industry.  Before joining Watt, he was a Managing Director at Stifel Financial, responsible for growing the Structured Products business with large institutional clients.  Prior to Stifel, Scott held various senior roles within sales, trading and investment banking at UBS, Merrill Lynch and Citigroup, all focusing on securitized products and credit derivatives.  Scott received a BS in Systems Engineering from the University of Virginia and an MBA from the Anderson School at UCLA.

Prior to joining Watt Asset Management, Frank held senior roles at several investment banks.  Notably, post-crisis, Frank ran the Securitized Products division at UBS.  Pre-crisis, Frank Co-Headed Global Securitized Products at Deutsche Bank as well as that firm’s asset backed lending businesses. Frank also worked for Credit Suisse for 13 years in various banking, management and risk management capacities.  Currently, Frank acts as an advisor to Watt and sits on several boards.  Frank received his BA from Fordham University and his MBA from NYU Stern School of Business.

Nalin has over 38 years global experience in Corporate and Project Finance. Nalin led Project Development & Structured Finance at Philips Healthcare and previously in General Electric Company where he held various infrastructure finance leadership positions across various geographies. He has also worked with the World Bank and Bank of America, and managed diverse global teams advising clients on business strategy development, finance structuring, fund raising and IPOs. He has an extensive network of relationships in the finance and banking sector, and strong associations with premier names in the energy and healthcare sectors.

Prior to joining Watt Asset Management, Eric ran Capital Markets for Victor Insurance Holdings, a global P&C MGA owned by Marsh & McLennan, and prior to that he ran Alternative Funding for General Electric focusing on funding GE’s non-US power, renewable energy, and healthcare investments.  Eric previously ran the insurance investment banking team at Freeeman & Co, and he started his career trading debt and derivatives at Salomon Smith Barney.  Eric received his BA from the University of Pennsylvania.