Our Team

Management Committee

Alistair Lumsden

Chief Executive Officer & Chief Investment Officer

Full Bio

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)1^stClass, Business and Management Studies, University of Bradford

Jason Etherington

Chief Operating Officer & Chief Compliance Officer

Full Bio

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

Chief Financial Officer

Full Bio

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

Global Head of Business Development

Full Bio

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

Joshua Krasner

Portfolio Manager

Full Bio

Aaron Malik

Portfolio Manager

Full Bio

Rob Riley

Portfolio Manager

Full Bio

Justin Ryan

Portfolio Manager

Full Bio

Alistair Lumsden, Chief Executive Officer & Chief Investment Officer

Mr. Lumsden is the Chief Executive Officer and Chief Investment Officer of East Lodge Capital Partners LLP (“ELC”). He chairs ELC’s Investment Committee and is a member of the firm’s Management Committee and Risk Management Committee. Mr. Lumsden has over 28 years of investment experience, and he is responsible for overseeing all investment decisions for the firm. Prior to founding ELC, Mr. Lumsden was the Chief Investment Officer of Asset Backed Securities at CQS and a member of CQS’ Executive Committee and Risk Management Committee. While at CQS, Mr. Lumsden established the firm’s global Asset Backed Securities business for which he built an 11-person team and oversaw $3.2 billion in assets, including the $2.3 billion CQS ABS Fund and ~$900 million in custom mandates for institutional investors. Prior to CQS, Mr. Lumsden was an Executive Director and Senior Asset Manager of the Vehicle Management Group at Rabobank International, where he was a founding member of a three-person management team responsible for structuring, launching and running a third party Structured Investment Vehicle called Tango. He helped grow Tango to a $10 billion business before leaving to join CQS in 2006. Mr. Lumsden began his career at Abbey National Treasury Services in 1993 where he was responsible for developing the firm’s US Subprime strategy, and later took over management of global mortgage products and other ABS strategies, a $15 billion business. Mr. Lumsden obtained a BSc (Hons) 1st Class in Business and Management Studies from the University of Bradford.

Jason Etherington, Chief Operating Officer

Jason Etherington is the Chief Operating Officer of East Lodge Capital Partners LLP (ELC). Having spent many years in senior leadership roles, including 25 years in the British Army, Mr. Etherington brings considerable strategic and operational experience to East Lodge. As Chief Operating Officer, Mr. Etherington leads all non-investment-related departments within the firm and works closely with Mr. Lumsden, CEO & Chief Investment Officer, on the development of the firm’s growth strategy. Most recently, Mr. Etherington was the Managing Director for the Security Division of Atalian Servest, one of the world’s largest privately-owned facilities management groups. In this role, he was responsible for 1500 individuals serving a variety of significant clients nationwide. Mr. Etherington’s innate ability to build relationships helped to deliver high-profile clients such as the Foreign and Commonwealth Office, the Scottish Courts and the Royal British Legion. Prior to joining Atalian Servest, Mr. Etherington served in the British Army from 1992 to 2016, attaining the rank of Colonel. Mr. Etherington’s long and distinguished military career culminated in his recognition in the 2016 New Years’ Honours List where he was awarded an OBE by Her Majesty the Queen. During his time in the British Armed Forces, Mr. Etherington led the Attack Helicopter force and was responsible for the training, readiness and operational deployments of up to 3,000 individuals in the UK, Afghanistan and Libya. Prior to this, Mr. Etherington served as the Chief Planner for Joint Force Headquarters, the organization responsible for emergency deployments worldwide. In this capacity, he worked with the British High Commission in Nairobi, and led the contingency planning for the potential evacuation of all British nationals during the election period in 2013. He has also served as a Regimental Commanding Officer, a Chief of Staff of one of only two Army logistic brigades and the Chief Planner for a multinational organization in Kosovo. As a military aviator and Apache helicopter pilot, Mr. Etherington flew combat missions in support of the UK, the US and other NATO forces in Afghanistan, and as the UK’s most senior attack helicopter leader, he was responsible for Aviation Risk Management for the entire attack helicopter fleet. This involved conducting regular briefings to senior military and civilian leaders of several countries’ militaries including the UK, the US, Italy, France, Germany and Columbia. He was also deployed to several regions of conflict, including Bosnia, Kosovo, Iraq, Afghanistan and Libya. Mr. Etherington holds a MA in Defense Studies/Technology from Cranfield University and received the Cranfield University award for Outstanding Performance.

Ken Towers, Chief Financial Officer

Mr. Towers is Chief Financial Officer at ELC and is a member of the Firm’s Management Committee. He has over 26 years of experience in the financial services industry, over half of which has been in structured credit. Prior to joining ELC, Mr. Towers spent close to 14 years with Rabobank where he was most recently Managing Director, European Head of Balance Sheet Management (Treasury) and a bank nominated Trustee Director of Rabobank’s London employee pension fund. During his time at Rabobank, Mr. Towers was a founding member of a three-person management team responsible for structuring, launching and running a third party Structured Investment Vehicle called Tango, along with Mr. Lumsden. Mr. Towers also held positions within Treasury, Financial Markets and Corporate Banking at Rabobank, with responsibility for Balance Sheet Management, Liability Management, Portfolio Management, Structuring, and Governance. Previously, Mr. Towers spent 8 years at Gordian Knot, where he served initially as a systems designer before moving on to lead the Risk Management and Treasury functions. Mr. Towers holds a BSc (Hons) 1st Class in Computer Science from Swansea University.

Karyn Geringer, Global Head of Business Development

Ms. Geringer is Global Head of Business Development at ELC and a member of the firm’s Management Committee. With 26 years of experience, she is responsible for Marketing, Business Development and Investor Relations at the firm. Prior to joining ELC, Ms. Geringer was a Principal and Head of Marketing, Americas at CQS where she implemented a marketing and client service plan for the Americas region and led a team that was responsible for growing the firm’s North American client base five-fold. Prior to joining CQS, Ms. Geringer was co-Head of Marketing, North America at GLG Partners where she helped build and develop the firm’s institutional client base in the U.S. and Canada. Before GLG, she was a Senior Vice President at Pequot Capital responsible for marketing and client service in North America, and prior to this she was a Vice President at Credit Suisse where she was a member of the capital introduction team. Ms. Geringer joined CSFB in 2001 as a coverage salesperson in the equities division where she focused primarily on hedge funds. Before joining CSFB, Ms. Geringer was a member of Donaldson, Lufkin & Jenrette’s Private Fund Group where she was responsible for analyzing and marketing private equity funds. From 1994-1998, Ms. Geringer served as an Intelligence Officer in the United States Navy attaining the rank of Lieutenant. Ms. Geringer holds a BS in Political Science from the United States Naval Academy, and an MBA in Finance from Columbia Business School.

Joshua Krasner, Portfolio Manager

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.

Aaron Malik, Portfolio Manager

Portfolio Manager at ELC focusing on European ABS markets.
Mr. Mailk has over 20 years experience in financial services, primarily in structured credit.
Prior to joining East Lodge, Mr. Malik spent 14 years at CQS as a Partner and Senior Portfolio Manager, responsible for US RMBS, US CLOs, European ABS portfolios as well as portfolio construction and hedging strategies.
Before this, Mr. Malik was a Quantitative Analyst at Fitch Ratings.
Mr. Malik started his career as an IT Risk Management Analyst for Dresdner Kleinwort Benson.
BSc -1st Class, Mathematics and Computer Science, Imperial College – MSc Distinction in Mathematics, Trading and Finance from Bayes Business School (formally Cass Business School)

Rob Riley, Portfolio Manager

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 – 1^st Class (Hons), Valuation Surveying, Staffordshire University.
Fully qualified member of the Royal Institute of Chartered Surveyors.

Justin Ryan, Portfolio Manager

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.