75 Most Powerful Blacks on Wall Street

Whether they're in investment banking, sales and trading, asset management, or private equity, these power players move the financial markets

information technology, and manufacturing ventures.

Lauren M. Tyler. Partner CCMP Capital Advisors L.L.C. New York, NY. Age: 44. Bottom Line: Tyler is a partner of CCMP Capital, a private equity fund with $8 billion under management. Tyler left the $170 million private equity fund Quetzal/JP Morgan Partners (No. 10 on the BE PRIVATE EQUITY FIRMS list) to join JPMorgan Partners. CCMP was then created by the company’s former buyout/growth equity investment team. Using Tyler’s deal-making prowess, JPMorgan Partners was the driving force behind CBS’ $325 million acquisition of College Sports Television (CSTV) in January.

John O. Utendahl. Founder, Chairman & CEO Utendahl Capital Partners New York, NY Age: 48. Bottom Line: A respected Wall Street veteran and industry leader, Utendahl has redefined the meaning of power broker. He has differentiated himself with his innovative vision, creating five financial affiliates in various asset classes. Utendahl Capital Partners ranks No. 5 on the BE INVESTMENT BANKS list; Utendahl Capital Management, ranks No. 9 on the BE ASSET MANAGERS list. The other affiliates are UrbanAmerica I & II, commercial real estate funds; United Enterprise Fund, a private equity fund; and Praesidian Capital Investors, a mezzanine financing fund.

George L. Van Amson. Managing Director, Institutional Equities Morgan Stanley Inc. New York, NYAge: 54. Bottom Line: This 25-year Wall Street veteran oversees the Retail Block Trading Desk, which is responsible for all equity transactions within the firm’s Global Wealth Management Division. Van Amson also does double duty in that he is responsible for all recruiting, hiring, and training for Morgan Stanley’s Institutional Equity division within North America. For his new hires, getting the job is half the battle. Once in, Van Amson looks for employees to uphold three R’s: strong client relationships, revenue generation, and enhanced reputation — both personal and that of the Morgan Stanley franchise.

Paul Viera. CEO Earnest Partners L.L.C. Atlanta, GA. Age: 48. Bottom Line: As the powerhouse behind an investment management firm that advises on more than $20 billion in investment products, Viera oversees transactions for states, corporations, and municipalities. Under his leadership, the firm snagged the position of No. 1 black-owned asset management firm. An investment strategist with more than 25 years of industry experience, Viera developed the Return Pattern Recognition, a proprietary investment methodology used at Earnest to select equities. Viera is a commentator for CNBC, Radio Wall Street and the Atlanta Journal-Constitution.

Jacob “Jake” Walthour. Managing Director Quellos Group L.L.C. Seattle, WA. Age: 38. Bottom Line: With over $16 billion in assets under management, Quellos Group is the world’s largest privately held hedge fund of funds. A forward thinker, Walthour surmised the financial potential of the lucrative hedge fund market light years ahead of his contemporaries. In his capacity as managing director, he advises major institutions on asset allocation and alternative investment implementation and raises capital for a number of the firm’s hedge fund programs.

John Ware. President & CEO 21st Century Group L.L.C. Dallas, TX. Age: 58. Bottom Line: Wa

re co-founded the 21st Century Group, which has mo
re than $80 million of

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  • Debbie Autrey

    I would like a copy of this issue. Please lmk how I can do that75 most powerful men on wall street—2006

    DA

  • Walter Webb

    BLACK WALL STREET HAS EVOLVED FROM ITS RICH HISTORIC BEGINNING IN DURHAM, NORTH CAROLINA, HARLEM, NEW YORK, AND OKLAHOMA. THESE STATES REPRESENT A FEW OF THE MANY WHICH HAS LEAD A NATIONAL MOVEMENT TO PUT AFRICAN AMERICANS CEO’S AND BUSINESS LEADERS TO THE FOREFRONT OF NATIONAL WALL STREET. CEO’S HAVE GONE FROM RUNNING AFRICAN AMERICAN COMPANIES TO MAKING HISTORY AS CEO’S IN NON-BLACK COMPANIES.
    COMPANIES RECOGNIZED IN THE HISTORY OF BLACK WALL STREET IN MENCHANICS&FARMERS BANK/NORTH CAROLINA MUTUAL LIFE INSURANCE (MFBP). COMBINED THESE TWO COMPANIES BROUGHT NATIONAL BLACK LEADER RECOGNIZATION TO NORTH CAROLINA’S DURHAM PARRISH STREET. FURTHER NORTH IN NEW YORK HAS CARVER BANK (CARV) HAS BEEN A PIONEER OF THE FAMED HARLEM RENAISSANCE
    MOVEMENT. THE MEDIA HAS BEEN A MAJOR FORUM OF EXPRESSION TO THE AFRICAN AMERICAN HOUSEHOLD. AND RADIO-ONE (ROIAK) PROGRAMMING OF RADIO AND TELEVISION HAS KEPT MANY BLACK HOUSEHOLDS IN THE CURRENT KNOW.
    REAL ESTATE AND LAND SECURITY WAS A MAJOR CONCERN FOR BLACKS EXPRESSING OWNERSHIP. AND ALONG WITH THE BLESSING OF THE BLACK BANKS HAS LEAD TO AFRICAN AMERICAN REAL ESTATE INVESTMENT FROM COMPANIES LIKE FORMER BLACK ENTERTAINMENT TELEVISION LEAD ROBERT L. JOHNSON. HE FOUNDED THE ROBERT L. JOHNSON HOTELS AND REAL ESTATE FUND (RLJ)WHICH MANY AFRICAN AMERICANS FEEL IS AN EXTENTION OF BLACK PROMISE LAND. INVESTING IN HIS COMPANY ALSO GIVES BLACKS A MINORITY STAKE (WHICH HE OWNS) IN THE NATIONAL BASKETBALL’S CHARLOTTE BOBCAT FRANCHISE.
    OKLAHOMA’S BLACK WALL ” GREENWOOD HAS PRODUCED A RICH HISTORY OF ENTREPRENEURS AND SPOKESPEOPLE LIKE JOHN HOPE FRANKLIN, FAME EDUCATOR AND TEACHER AT NORTH CAROLINA CENTRAL AND DUKE UNIVERSITIES. MR. FRANKLIN HARD WORK AND DECICATION BROUGHT BELOVEMENT AND AS A RESULT A DUKE UNIVERSITY BUILDING WAS NAMED IN HIS HONOR.
    A NEW MOVEMENT HAS USHERED IN A NEW BREED OF BLACKS OF WALL STREET. THESE CEO’S HAVE MADE NATIONAL HISTORY AS LEADERS IN NON-BLACK BLUE CHIP COMPANIES LIKE AMERICAN EXPRESS (AXP) KENNETH CHENAULT. HIS LEADERSHIP GOES BACK TO THE NINETEEN HUNDREDS AS A LEADER IN THE WORLD OF GLOBAL CHIEF EXECUTIVE OFFICERS. AND MAKING HISTORY ALONG WITH HIM IN TWO THOUSAND IS XEROX’S (XRX) FIRST AFRICAN AMERICAN CEO URSULA BURNS. MS. BURNS AND CATHAY HUGHES FROM RADION ONE HAVE PUT AFRICAN AMERICAN FEMALES TO THE FOREFRONT OF THE NEW YORK STOCK EXCHANGE-EURONEXT (NYX) WALL STREET. OTHERS INCLUDE RICHARD PARSON’S OF CITIGROUP (C). MR. PARSON COMPANY HAS BEEN A GLOBAL PLAYER IN THE WORLD OF FINANCE. AND HAS BEEN RESPONSIBLE FOR SUPPORT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WITH STUDENT LOANS. BRINGING COMPETION FROM AFRICAN AMERICAN CEO STANLEY O’NEAL OF MERRIL LYNCH (BAC).
    WE CAN LOOK FORWARD TO THESE AFRICAN AMERICANS AND INCREASINGLY MORE BECOMING A PART OF THE OLD AND NEW BREEDS OF WALL STREET.

    FREELANCE WRITER
    DURHAM, NC