FIRM OVERVIEW
Altisource Asset Management Corporation (“AAMC”) is an alternative lending company that provides liquidity and capital to under-served markets. We also continue to assess opportunities that could potentially be of long-term benefit to shareholders such as Crypto-ATMs.
AAMC is publicly traded on the NYSE American Exchange under the ticker AAMC . AAMC’s principal offices are located in the United States Virgin Islands and it also has operations in the United States and India, through its subsidiaries, AAMC US, Inc., and Finsight Business Solutions Private Limited, respectively.
management team
Mr. Kopcak brings 25+ years of experience including approximately 13 years on Wall Street with time spent at Morgan Stanley and Nomura. Jason Kopcak is well known as an industry leader on the Street in the whole loan space and in developing the Alternative Lending market. In 2012, he was brought in at Nomura to lead and build out of their whole loan business. Initial focus was on distressed opportunities (non-performing and re-performing). In 2013 at Nomura, he led the alternative lending effort (e.g., transitional residential and commercial real estate, SFR, Non-QM, etc.) to create an institutional market for these products at a time when banks were not participating in these assets. The attractive yields on these assets in a newly developing market quickly became in-demand with money managers, insurance companies, and credit funds. Due to his success in the space, he was recruited by Morgan Stanley in 2018 to help lead the effort to reposition Morgan Stanley in the residential space.
Mr. Krallman brings over 20 years of applicable experience related to lending, underwriting, and valuation areas of real estate and finance. Mr. Krallman has had successful tenures at Anchor Loans, Ares Management, Ocwen Financial, and Kenneth Leventhal & Company in various roles relating to finance, accounting, and audit.
Mr. Sullivan brings over 20 years of legal experience with 15 years as VP, Senior Counsel at Goldman Sachs where he was responsible for advising the firm in a multitude of areas, including financial reporting, disclosure and internal controls, corporate treasury, securities offerings, investor and media relations and investment banking.
Mr. Singhal is the head of AAMC’s India operations and is responsible for overseeing the portfolio oversight, due diligence and underwriting teams. The India team has been responsible for the pricing and acquisition efforts of approximately $1.9B of residential assets and $2.5B of non-performing loans (NPLs). Prior to joining AAMC, Mr. Singhal worked for Ocwen Financial Corp, where he developed prepayment and default models for both MSR acquisition efforts and ongoing valuations of acquired tranches.
Mr. Teeley is an experienced Vice President of Sales with a demonstrated history of working in the Debt Capital Markets. He is a strong finance professional skilled in negotiation, business planning, sales, management, and trading.
board of directors
Former Governor of the USVI from January 2007 – January 2015.
Currently is the Managing Member of Chilmark Advisory, LLC, a USVI based financial advisory firm.
Holds a Bachelor of Arts in Economics from Antioch College.
Chief Executive Officer and Chairman of The Strategy Group VI, a USVI professional services firm.
Veteran of the United States Navy.
Holds a BBA in Accounting from Howard University and is a CPA.
Executive Director of the National Association of Neighborhoods.
Served as a public policy catalyst, a community outreach strategist, and resource person to the White House, Congressional, state and local government officials, corporations and neighborhood leaders.
Holds a Bachelor of Arts degree from Howard University.
