75 Most Powerful Blacks on Wall Street - Page 7 of 19

75 Most Powerful Blacks on Wall Street

$10,000 HBCU scholarships annually bearing his name.

James F. Haddon. Managing Director, Infrastructure Finance GroupMunicipal Securities. Citigroup. New York, NYAge: 52. Bottom Line: During his 25-year tenure in the municipal finance industry at Citigroup and PaineWebber (now known as UBS), Haddon has served as senior book running manager for various municipal issues totaling in excess of $40 billion. He has been instrumental in structuring project financing to provide funds for convention centers, stadiums, transportation projects, and general municipal projects throughout the cities of New York; Detroit; Washington, D.C.; and more. Notable accomplishments include the $709 million tobacco securitization for New York City and the $515 million securitization of rum tax revenues for the U.S. Virgin Islands.

Carla Harris. Managing Director,Global Capital Markets. Morgan Stanley. New York, NY Age: 43. Bottom Line: As head of Morgan Stanley’s equity private placement and global capital markets, Harris is responsible for the structuring, marketing, and execution of public and private equity financing transactions. Harris is noted for executing initial public offerings for UPS and Martha Stewart Living Omnimedia as well as the $3.2 billion common stock transaction for Immunex Corp., reportedly one of the largest biotechnology offerings in U.S. history. She has served major corporations in a wide array of sectors.

Mellody Hobson. Ariel Capital Management L.L.C. Chicago, IL Age: 37. Bottom Line: This high achiever serves as president of one of the nation’s largest African American money management firms, with more than $19 billion in assets under management. As the head of its day-to-day operations, Hobson has helped solidify Ariel’s position in the investment community. She has testified before Congress to defend mutual funds, challenging New York Attorney General Eliot Spitzer’s criticism of the industry. Hobson is also the face of Ariel, appearing as a regular contributor on ABC’s Good Morning America, offering financial advice to millions of viewers.

Louis A. Holland. Managing Partner & Chief Investment Officer. Holland Capital Management. Chicago, IL Age: 64. Bottom Line: Holland and his collective team of money managers are primed to take the 100% employee-owned firm from managing $2.4 billion in assets to a goal of $10 billion by 2010. Holland also serves as investment adviser for the Lou Holland Growth Fund, a NYSE-traded mutual fund. Although short-term performance has been a bit challenging for the large-cap growth equity fund, it continues to outperform such industry benchmarks as the Russell 1000 Growth Index over five- and 10-year periods. After 37 years in the business, Holland still strives to be the best of the breed.

Ronald Holt. President & Directorof Research. Hansberger Global Investors Inc. Fort Lauderdale, FL o Age: 38. Bottom Line: Holt works with a team that manages $4 billion of Hansberger’s $8.1 billion in assets under management. The globetrotter has traveled to an array of countries on six of the seven continents to research new stock ideas and business ventures as well as meet with government officials. Holt also oversees the management of the investment, research, and marketing activities for Hansberger Global Investors Inc.’s growth and value fund