Led by seven principals with deep asset-based credit experience across market cycles.
A stable, high-caliber leadership team with 31+ years of average experience — and a long history working together across market cycles.
David Sherr founded One William Street Capital Management in 2008, and is responsible for overseeing all aspects of the firm’s day-to-day activities. Mr. Sherr is also the head of the firm’s Investment Steering Team and Management Steering Team, and a member of the Risk Committee. Mr. Sherr has over 35 years of experience in the investing and origination businesses, fixed income markets, and managing global trading. Prior to founding One William Street Capital Management, Mr. Sherr was a Managing Director and Global Head of Securitized Products at Lehman Brothers. In that capacity, he had senior management responsibilities in Fixed Income, Principal Investing and Lending, and Investment Banking. He was also a member of Lehman’s Global Risk and Fixed Income Operating Committees. Mr. Sherr graduated with a B.S. in Finance from Babson College.
Joshua Simons is responsible for overseeing the firm’s ongoing global strategy, product, and business development including expanding and managing the firm’s strategic partnerships. As an employee of the firm since inception, and member of the Investment and Management Steering Committees, Mr. Simons has over 25 years of investment banking and hedge fund experience with credit and alternative investment products. Prior to joining the firm, Mr. Simons worked in the Fixed Income division of Lehman Brothers, focusing on managing Structured Credit products and alternative investment strategies. Mr. Simons began his career at JPMorgan and was a Vice President in the JPMorgan Structured Credit Quantitative Advisory Group, educating global institutional investors and assisting in the implementation of proprietary valuation and portfolio risk management tools for investment in structured assets. He received a B.A. in Accounting from Muhlenberg College and holds an M.B.A. from Columbia University. He is also a CFA Charterholder.
Kurt Locher is responsible for overseeing the day-to-day global business of the firm’s non-investment business operations, including accounting, finance, tax, legal/compliance, and administration. He also serves as Chair of the firm’s Risk and Valuation Committees and as a member of its Investment Steering Team, RI Committee, and Cybersecurity Committee. With over 30 years of experience in the financial industry, Mr. Locher was most recently a Managing Director within the Investment Management Division (IMD) at Lehman Brothers. Mr. Locher began his career at Prudential Securities, modeling and structuring mortgage and asset-backed securities and, prior to that, he worked at Raytheon. Mr. Locher received both an S.M. and S.B. from MIT in Electrical Engineering and Computer Science.
Frank Prezioso is responsible for the firm’s Private Market and Special Situation investment activity. Mr. Prezioso is also a member of the firm’s Management Steering Team and Investment Steering Team. Mr. Prezioso joined the firm from Lehman Brothers where he was Managing Director and Head of the U.S. Principal Finance Business and a member of Lehman Brothers’ Global Structured Finance Commitments Committee. Earlier in his career, Mr. Prezioso was with a boutique investment banking firm focused on merchant banking opportunities in the specialty finance sector and began his career at Prudential Securities in its capital markets division. Mr. Prezioso received a B.A. from Yale University and holds an M.B.A. from Columbia University.
Kaushik Murali is responsible for public investments with a specialization in credit and market risk for the firm. Mr. Murali is also a member of the firm’s Management Steering Team and Investment Steering Team. Prior to joining the firm, he had a 20-year career at Goldman Sachs, leaving as a Partner, where he served as Head of Macro Credit, CLO, CMBS, and Leveraged Finance Trading. Mr. Murali received a B.S. from the University of Chicago in Mathematics.
Matthew Ziffer leads the firm’s activity in consumer Specialty Finance. In addition, Mr. Ziffer is a member of the firm’s Investment Steering Team and RI Committee, and manages the firm’s loan servicing relationships, due diligence on vendors as well as its loan-level surveillance efforts. In that capacity, he is responsible for the acquisition, management, and disposition of distressed loans and securities. Prior to joining the firm, he was Head of the Residential Non-Performing and Scratch & Dent Mortgage Trading Desk at Lehman Brothers. Previously, Mr. Ziffer was an Assistant Vice President in the asset-backed securities group of Deutsche Bank, focusing on the financing of various assets including non-performing residential mortgage loans. He began his career in the capital markets group of Cadwalader, Wickersham & Taft. Mr. Ziffer received a B.A. from the University of Maryland, College Park and was awarded a J.D. magna cum laude, from New York Law School, where he was a Law Review Editor.
Dr. Laurence Lee is responsible for the oversight of the firm’s portfolio risk management, research, and analytics infrastructure. He is also a member of the firm’s Investment Steering Team, Risk Committee, and Responsible Investing Committee. Dr. Lee has over 30 years of experience in research, analytics, structuring, and risk management. Most recently, he was a Managing Director and Global Head of Desk Quant at UBS Investment Bank. Prior to UBS, he was a Director with Deutsche Bank Securities where he headed the securitization structuring team. Dr. Lee graduated with a B.S. in Electrical Engineering from the State University of New York at Buffalo and received both an S.M. and Ph.D. from MIT in Electrical Engineering.