REG - EJF Investments Ltd EJF Investments-EJFZ - Chair Appointment

EJF InvestmentsAnnouncement

04/11/2024 07:00

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RNS Number : 6645K  EJF Investments Ltd  04 November 2024

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4 November 2024

EJF Investments Ltd

("EJFI" or the "Company")

         Chair Appointment

 

The Board of EJFI, which provides investors exposure to a diversified
portfolio of debt issued by smaller US banks and insurance companies and
participation in certain management fee income streams of EJF Capital LLC
("EJF"), is pleased to announce the appointment of John Kingston as the Chair
of the Board of Directors of the Company with effect from 1 November 2024.

After graduating from Harvard Law School and the University of Pennsylvania's
Wharton School of Business, Mr. Kingston began his career at Ropes & Gray
(a global law firm) and Morgan Stanley.  Mr. Kingston then joined Affiliated
Managers Group (NYSE: AMG) as a member of the senior leadership team
(ultimately serving as Vice Chairman) that grew a small investment management
platform into a global asset management firm with approximately $700 billion
in AUM and an enterprise value of $15 billion at the time of his departure.

Mr. Kingston has founded and/or overseen (stewarding through governing and
advisory boards) a variety of for-profit, not-for-profit and political
initiatives, including the AMG Mutual Funds, Mangrove Management Partners,
Lattice Capital Management, the Pioneer Institute, Veritas Forum, the Forward
Party, Foundation for Excellence in Higher Education, Committee to Fix the
Debt, and the American Enterprise Institute.

Mr. Kingston was originally appointed as a Non-Executive Director of the
Company on 6 September 2024, with a view to him assuming the role of Chair of
the Board of Directors of the Company following a handover period from the
Interim Chair, Alan Dunphy.

Mr. Dunphy will continue to serve as a Non-Executive Director of the
Company.  The Board and EJF wish to express their sincere gratitude to Mr.
Dunphy for his exceptional leadership and guidance during this transitional
period.

ENQUIRIES

For the Investment Manager

EJF Investments Manager LLC

Adeeb Ahmed / Jay Ghatalia

aahmed@ejfcap.com / jghatalia@ejfcap.com

+44 203 752 6774 / +44 203 752 6776

 

For the Company Secretary and Administrator

Apex Financial Services (Alternative Funds) Limited

ejficosec@apexgroup.com

+44 204 549 0721

 

For the Broker

Panmure Liberum

Darren Vickers

ejfinvestments@panmureliberum.com

+44 203 100 2222

 

Barclays Bank PLC

Dion Di Miceli/Stuart Muress

BarclaysInvestmentCompanies@barclays.com

+44 207 623 2323

 

About EJF Investments Ltd

EJFI's objective is to provide shareholders with attractive risk adjusted
returns through regular dividends and capital growth over the long term. EJFI
generates exposure primarily to a diversified portfolio of loans issued by
financial institutions and related or similar assets in the U.S., U.K. and
Europe.

EJFI currently invests primarily in CDO Equity Tranches structured by an
affiliate of EJF Capital LLC, providing levered exposure to a highly
diversified portfolio of securities issued by U.S. financial institutions
(banks and insurance companies), these being Risk Retention Investments.

EJFI is a registered closed-ended limited liability company incorporated in
Jersey under the Companies (Jersey) Law 1991, as amended, on 20 October 2016
with registered number 122353. The Company is regulated by the Jersey
Financial Services Commission (the "JFSC"). The JFSC is protected by both the
Collective Investment Funds (Jersey) Law 1988 and the Financial Services
(Jersey) Law 1998, as amended, against liability arising from the discharge of
its functions under such laws.

The JFSC has not reviewed or approved this announcement.

LEI:  549300XZYEQCLA1ZAT25

Investor information & warnings

The latest available information on the Company can be accessed via its
website at www.ejfi.com (http://www.ejfi.com) .

This communication has been issued by, and is the sole responsibility of, the
Company and is for information purposes only. It is not, and is not intended
to be an invitation, inducement, offer or solicitation to deal in the shares
of the Company. The price and value of shares in the Company and the income
from them may go down as well as up and investors may not get back the full
amount invested on disposal of shares in the Company. An investment in the
Company should be considered only as part of a balanced portfolio of which it
should not form a disproportionate part. Prospective investors are advised to
seek expert legal, financial, tax and other professional advice before making
any investment decision.

 

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