AP NEWS

Fund Manager Wilshire Phoenix appoints Crypto Native Garrette Furo as CIO and Partner

August 30, 2018

NEW YORK--(BUSINESS WIRE)--Aug 30, 2018--Wilshire Phoenix Capital, a privately held specialty finance, asset management and advisory firm, is pleased to announce the addition of crypto, blockchain and neuroscience luminary Garrette Furo, CAIA, as Partner and CIO.

Mr. Furo is a crypto native and has worked with numerous governments, blockchain start-ups, global investment banks, and wealth management firms on product development, digital asset allocation, trade management, and on several innovative concepts Previously, Furo was a neuroscience researcher at Columbia University Medical School. He holds patents and publications in the natural sciences along with a dual degree in molecular biology and alternative investments from Hampshire College.

“As the traditional financial landscape and wealth-generating client base continue to rapidly evolve, Wilshire Phoenix is positioned to lead and has a forward-thinking mentality that few others in this space possess, let alone are willing to execute on. I am very proud to join such an accomplished team and organization. Notwithstanding, to arrive at a time where I’m able to contribute in the launch of rational, transparent and forward-thinking products and solutions. I look forward to partnering with our clients in the months and years ahead,” said Garrette Furo, Partner and CIO, Wilshire Phoenix Capital.

“The strength of Wilshire Phoenix is rooted in more than my own vision, but in the collective ideas of those who surround me. Garrette is an outstanding addition to our exceptional team,” said William Herrmann, Founder and CEO, Wilshire Phoenix Capital.

Mr. Herrmann is the Founder of Wilshire Phoenix Capital and currently serves as its CEO. Prior to founding the firm, he was employed by The Bank of New York Mellon (BNY Mellon) from 2005 to 2016, most recently as a Vice President. During his tenure at BNY Mellon, Mr. Herrmann served on several global teams and led in the closing of 125+ diverse transactions with a collective issuance amount exceeding $50 billion. In addition, he was often called upon by executive management and successfully led several cross-functional teams for which he received multiple accolades. Mr. Herrmann completed undergraduate studies at Clarion University of Pennsylvania and graduate studies at New York University.

About Wilshire Phoenix

Wilshire Phoenix Capital is a privately held specialty finance and advisory company focused on the structuring of numerous asset classes while guiding its clients from inception to market. The firm also provide advisory on most financial products and asset-classes, including structured credit, alternative assets and derivative products.

At Wilshire’s foundation are our core values - exceptional client service, operating with the utmost of integrity, leading with innovation, and giving back to charitable organizations and communities.

THIS PRESS RELEASE IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. THIS IS NOT AN OFFER OR SOLICITATION WITH RESPECT TO THE PURCHASE OR SALE OF ANY SECURITY IN ANY STATE OR OTHER JURISDICTION IN WHICH AN OFFER OR SOLICITATION IS NOT AUTHORIZED.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005814/en/

CONTACT: Hedge Fund PR, LLC

Media Contact:

Mitch Ackles, HFPR, 646-657-9230

mitch@hedgefundpr.net

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Wilshire Phoenix Capital

Copyright Business Wire 2018.

PUB: 08/30/2018 04:00 PM/DISC: 08/30/2018 04:00 PM

http://www.businesswire.com/news/home/20180830005814/en

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