Daniel Alpert

From Infogalactic: the planetary knowledge core
Jump to: navigation, search

Daniel Alpert is an American investment banker, think tank fellow[1] and author.[2] He is best known for his writing on the credit bubble and the ensuing financial crisis of the 2000s, and his many articles and papers on the U.S. housing market, banking, regulatory matters and global macroeconomics. Alpert has been widely quoted and published in print outlets, including the Wall Street Journal,[3] the New York Times,[4] Reuters, the Associated Press, Bloomberg,[5] Forbes,[6] and Fortune. He is a frequent commentator on business news networks, including Bloomberg,[7] CNBC[8] and Fox Business News.[9]

He is the author of The Age of Oversupply: Confronting the Greatest Challenge to the Global Economy[2] (Penguin Portfolio) on the effect of macroeconomic imbalances on advanced economies.

Daniel Alpert is founding Managing Partner of the New York-based investment bank Westwood Capital, LLC and its affiliates[10] and a fellow of the New York-based Century Foundation,[1] one of the nation’s oldest think tanks.

Investment banking career

Alpert has more than 30 years of international merchant banking and investment banking experience. He has been responsible for the execution of many novel debt and equity offerings in the real estate and financial services industry, including the first multi-borrower commercial mortgage backed security (CMBS) issuance,[11] the first CMBS issuance of commercial mortgage loans on property controlled by a single borrower,[12] one of the earliest self-managed retail property equity REIT offerings and the only one ever to involve the simultaneous exit of a company from bankruptcy[13] and the first self-managed multifamily property equity REIT.[14]

Alpert also heads up Westwood Capital’s real estate and hospitality industry practice.[10]

Alpert’s experience in providing financial advisory services and structured finance execution has extended Westwood’s reach beyond the U.S. domestic corporate finance market to East Asia, the Middle East, Latin America and Eastern Europe. He established Westwood Capital’s office in Tokyo, Japan and has spent a significant portion of his professional time since the year 2000 in Asia. In addition to his structured finance background, Alpert has advised on mergers, acquisitions and private equity financings, provided and/or arranged for financing for, and advised both debtors and creditors both inside and outside of bankruptcy.

Prior to forming Westwood Capital in 1995,[10] Daniel Alpert was a banker and partner at Oppenheimer & Co., Inc. He began his financial career in the real estate syndication industry in 1982.

Writing, media and intellectual pursuits

In addition to his authorship of “The Age of Oversupply,”[2] Alpert maintains a finance and macroeconomics blog entitled “Dan Alpert's 2 Cents[15] with EconoMonitor, a project of Roubini Global Economics.

Alpert was also featured in the 2010 winner of the Academy Award for Best Documentary, Inside Job,[16] which tells the story of the 2008 global financial crisis.

Alpert is a founder of the World Economic Roundtable program of the New America Foundation, a Washington and San Francisco-based think tank.[17] In 2011, Alpert conceived of, and co-authored along with Nouriel Roubini, New York University Professor of Economics, and Robert Hockett, a Professor of Financial Law at Cornell University, a widely cited and debated white paper on behalf of the New America Foundation entitled "The Way Forward"[18] that has been credited on most sides of the macroeconomic debate with providing a clear and concise explanation of the issues that gave rise to the global financial crisis[6][19][20] and was a precursor to “The Age of Oversupply.”

Alpert was named a fellow (in economics and finance) of The Century Foundation in January 2012.[1] He is also a member of The Economic Club of New York and the Bretton Woods Committee.

Personal life

Daniel Alpert was born, and lives, in New York City and has four children.

References

  1. 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
  2. 2.0 2.1 2.2 Lua error in package.lua at line 80: module 'strict' not found.
  3. Lua error in package.lua at line 80: module 'strict' not found.
  4. Lua error in package.lua at line 80: module 'strict' not found.
  5. Lua error in package.lua at line 80: module 'strict' not found.
  6. 6.0 6.1 Lua error in package.lua at line 80: module 'strict' not found.
  7. Lua error in package.lua at line 80: module 'strict' not found.
  8. Lua error in package.lua at line 80: module 'strict' not found.
  9. Lua error in package.lua at line 80: module 'strict' not found.
  10. 10.0 10.1 10.2 Lua error in package.lua at line 80: module 'strict' not found.
  11. Lua error in package.lua at line 80: module 'strict' not found.
  12. Lua error in package.lua at line 80: module 'strict' not found.
  13. Lua error in package.lua at line 80: module 'strict' not found.
  14. Lua error in package.lua at line 80: module 'strict' not found.
  15. Lua error in package.lua at line 80: module 'strict' not found.
  16. Lua error in package.lua at line 80: module 'strict' not found.
  17. Lua error in package.lua at line 80: module 'strict' not found.
  18. Daniel Alpert, Robert Hockett, Nouriel Roubini (October 10, 2011). "The Way Forward". New America Foundation.
  19. Lua error in package.lua at line 80: module 'strict' not found.
  20. Lua error in package.lua at line 80: module 'strict' not found.

External links