Our Team

Management Committee

Ali Lumsden

Alistair Lumsden

Chief Executive Officer & Chief Investment Officer

PRIOR EXPERIENCE

  • Chief Investment Officer of Asset Backed Securities, CQS, 2006-2012
  • Member of CQS Executive Committee & Risk Management Committee
  • Launched CQS ABS Fund in October 2006; Managed $3.2 billion AUM
  • Executive Director and Senior Asset Manager, Vehicle Management Group, Rabobank International, 2001-2006
  • Founding member of $10 billion Structured Investment Vehicle (Tango)
  • Managed $15 billion global mortgage business, Abbey National Treasury
    Services, 1993-2001
  • Barclays, 1987-1989
  • BSc (Hons)1st Class, Business and Management Studies, University of Bradford
Jason Etherington

Jason Etherington

Chief Operating Officer & Chief Compliance Officer

PRIOR EXPERIENCE

  • Managing Director, Servest Security Services Ltd, 2016-2019
  • British Armed Forces 1992-2016:
    • Commander, Attack Helicopter Force, 2013-2016
    • Chief Operations (Land), Joint Force Headquarters, 2013
    • Commanding Officer, 4 Regiment Army Air Corps, 2011-2013
    • Military Assistant to Adjutant General (Army Head of Personnel), 2010
    • Squadron Commander, 663 Squadron Army Air Corps, 2008-2010
    • Attack Helicopter Flying Training, 2006-2008
    • Chief of Staff, 102 Logistic Brigade, 2004-2006
    • Chief Planning and Training Officer, 2000-2002
    • Junior and Middle Management Leadership Roles, 1992-2000
  • Master’s Degree, Cranfield University
  • Royal Military Academy, Sandhurst
Ken Towers

Ken Towers

Chief Financial Officer

PRIOR EXPERIENCE

  • European Head of Balance Sheet Management, Rabobank, 2000-2015
  • Bank nominated Trustee Director of Rabobank’s Employee Pension Fund
  • Founding member of $10 billion Structured Investment Vehicle (Tango)
  • Head of Risk Management & Treasury, Gordian Knot, 1997-1999
  • BSc (Hons) 1st Class, Computer Science, Swansea University
Karyn Geringer

Karyn Geringer

Global Head of Business Development

PRIOR EXPERIENCE

  • Principal, Head of Marketing (Americas), CQS, 2010-2014

  • Co-Head of Marketing, North America, GLG Partners, 2007-2010

  • Senior VP, Marketing, Pequot Capital Management, 2005-2007

  • Vice President, Prime Services, Credit Suisse, 2001-2005

  • Analyst, Private Fund Group, Donaldson, Lufkin & Jenrette, 1998-1999

  • Lieutenant, United States Navy, 1994-1999

  • MBA, Finance, Columbia Business School

  • BS, Political Science, United States Naval Academy

Portfolio Managers

Richard Skeet

Richard Skeet

Portfolio Manager

PRIOR EXPERIENCE

  • Portfolio Manager at ELC focusing on European RMBS, CLO and Consumer assets.
  • Mr. Skeet has over 16 years of experience in the financial services industry.
  • Prior to joining East Lodge, Mr. Skeet was a European ABS Trader at Citigroup, responsible for making markets in European ABS Products with a focus on esoteric credits.
  • Before this, Mr. Skeet was a member of the Fixed Income Structured Credit Derivatives team with a focus on ABS correlation and structured credit products.
  • MEng – 1st Class, Computer Systems Engineering, University of Warwick.
Rob Riley

Rob Riley

Portfolio Manager

PRIOR EXPERIENCE

  • Portfolio Manager at ELC focusing on European CMBS markets.
  • Mr. Riley has over 18 years of experience in the financial services industry.
  • Prior to joining East Lodge, Mr. Riley was a Portfolio Manager for CMBS and Commercial Real Estate debt investments at HSBC, responsible for managing a portfolio of $7 billion in UK, European and US CMBS bonds.
  • Before this, Mr. Riley was a CMBS Structured Finance Ratings Analyst at Standard & Poor’s in London.
  • Mr Riley started his career valuing commercial real estate at Colliers CRE, covering retail, shopping centres, offices and industrial distribution units.
  • BSc – 1st Class (Hons), Valuation Surveying, Staffordshire University.
  • Fully qualified member of the Royal Institute of Chartered Surveyors.
Richard Skeet

Justin Ryan

Portfolio Manager

PRIOR EXPERIENCE

  • Portfolio Manager at ELC focusing on US RMBS.
  • Mr. Ryan has over 14 years of experience in the financial services industry.
  • Prior to joining East Lodge, Mr. Ryan was an ABS Analyst at CQS, where he was responsible for analytics, model development, surveillance and trading of US Alt-A, pay-option ARM and subprime assets.
  • Before this, Mr. Ryan was in the Structured Finance Advisory Services group at EY in New York where he focused on residential mortgage loan file due diligence and cash flow modelling for RMBS-issuer clients.
  • BS, Applied Economics, Ithaca College.
Andrew Armstrong

Andrew Armstrong

Portfolio Manager

PRIOR EXPERIENCE

  • Portfolio Manager at ELC focusing on the firm’s private credit and specialty finance business, specifically on sourcing deals.
  • Mr. Armstrong has over 22 years of experience in structured credit and loan acquisitions.
  • Prior to joining East Lodge, Mr. Armstrong ran European capital markets at Castlelake LP, a $14bn global private equity fund.
  • Before this, between 2011-2017, he was a Managing Director in Structured Credit at Goldman Sachs in London where he co-founded the mortgage whole-loan trading business.
  • Before joining Goldman Sachs, he was responsible for UK Structured Solutions at Merrill Lynch and prior to that ran European ABS research at Bear Stearns.
  • A in Political Theory from University of Glasgow and an LLB in Law from Strathclyde University.
Joshua Krasner

Joshua Krasner

Portfolio Manager

PRIOR EXPERIENCE

  • Portfolio Manager at ELC focusing on the firm’s private credit and specialty finance business, specifically on structuring and sourcing deals.
  • Mr. Krasner has 20 years of experience in structured finance and derivatives.
  • Prior to joining East Lodge, he worked at UBS AG for 15 years where he focused on de-risking the legacy portfolio of structured finance assets, including RMBS, CMBS and CDOs, as well as private credit and equity.
  • Prior to this he worked in the Derivatives group at Clifford Chance, based in London and New York.
  • LLB (Hons) in Law from University College London and is admitted both as a Solicitor in England & Wales and as a New York Attorney.