Whiteman has more than 15 years of private equity and distressed investing experience at one of the leading global alternative asset managers with approximately $153 billion in assets under management. Earlier this year the firm acquired energy exploration and production companies Core Minerals and Black Raven Energy for $20 million and $20.5 million respectively. The company also filed for an IPO last month.
“We recognize that we are not too big to fail. We have always operated in a manner recognizing that our performance is the only buffer between success and failure,” says Christopher Williams, CEO of Williams Capital Group L.P. (No. 4 in taxable securities with $1.6 billion in lead issues on the BE Investment Banks list) and Williams Capital Management L.L.C. (No. 13 on the BE Asset Managers list with $2.4 billion in assets under management). Williams charges his team with managing the company in a way that reflects a risk-averse, prudent mindset.
His investment bank played a significant role as an underwriter in General Motors’ $20 billion IPO last year, served as co-lead in the $8.7 billion AIG equity offering in May, and was tapped as a senior co-manager in AT&T’s $500 million bond offering. The firm has also formed a business partnership with a yet-unnamed hedge fund-of-funds with some $5 billion in assets under management.
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