![Charles Millard](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Charles Millard
Directeur/Membre du Conseil chez
Mt. Logan Re Ltd.
Profil
Charles E.
F.
Millard is currently an Independent Non-Executive Director at Mt.
Logan Re Ltd. since 2023 and a Senior Advisor at Cynosure Group.
Formerly, Mr. Millard was Chairman of the New York City Industrial Development Agency (New York), Managing Director at Prudential Securities, Managing Director at Lehman Brothers Asset Management LLC, Director at Pension Benefit Guaranty Corp.
from 2007 to 2009, Managing Director at Calder Capital Partners, Managing Director at Broadway Real Estate Partners LLC, Attorney at Davis Polk & Wardwell LLP, and President of the New York City Economic Development Corp.
Education includes graduate studies at The Trustees of Columbia University in The City of New York and undergraduate studies at the College of the Holy Cross (Massachusetts).
Postes actifs de Charles Millard
| Sociétés | Poste | Début |
|---|---|---|
Mt. Logan Re Ltd.
 Mt. Logan Re Ltd. Life/Health InsuranceFinance Provides property and casualty reinsurance services | Directeur/Membre du Conseil | 13/06/2023 |
Cynosure Group /Private Equity/
 Cynosure Group /Private Equity/ Investment ManagersFinance Cynosure Group invests in companies located in North America. The firm focuses on financial services, consumer services, and business / industrial service sectors. It participates in buyout and late-stage transactions with an investment size of USD 25 - 75 million. It takes control and minority interest in companies. | Private Equity Investor | - |
Anciens postes connus de Charles Millard
| Sociétés | Poste | Fin |
|---|---|---|
Pension Benefit Guaranty Corp.
 Pension Benefit Guaranty Corp. Investment ManagersFinance PBGC's investment policy is established by the agency’s Board of Directors, composed of the US Secretaries of Labor, Treasury, and Commerce. The Board has established an investment policy that, for the Single-Employer Program, uses a Liability Driven Investment (LDI) approach. Under that approach, the firm employs an asset allocation glidepath under which the investment portfolio risk is reduced as funded status improves. The agency’s Multiemployer Program assets are invested solely in US government securities. PBGC established the Smaller Asset Managers Pilot (SAMP) Program to provide opportunities for smaller investment management firms to manage some of the agency’s fixed income assets. The Pilot Program has been successful in achieving its objectives and PBGC has established the Smaller Asset Managers Program as an ongoing program. | Directeur/Membre du Conseil | 01/01/2009 |
Broadway Real Estate Partners LLC
 Broadway Real Estate Partners LLC Investment ManagersFinance Broadway Real Estate Partners invests in high quality office properties in select markets nationwide. The firm specifically seeks office properties that have long-term prospects for out-performance due to inherent leasing or physical attributes, but that in the short-term may be mismanaged or underperforming. Prior to acquiring such properties, Broadway typically develops an 18 to 24 month operating plan for adding value and identifies potential exit strategies. During the ownership period, the operating plan and exit strategies are continuously re-evaluated by the asset management and capital markets team. Assets which meet Broadway Real Estate Partners' investment criteria are typically valued at more than $40 million with existing improvements and are classified as class B+ or better within central business districts or suburban in select markets. The firm believes inefficiencies are created when the broader investment market misprices certain risks or focuses on a pricing metric that may be inappropriate give the dynamics of a particular property or market. Broadway Partners focuses on making value-added office property investments in markets distinguished by positive supply and demand trends and by significant investment activity among institutional investors. Specifically, the firm seeks out markets with strong prospects for office-using employment growth which typically exhibit a large employment base and overall job growth, high household income levels, a highly educated workforce and population growth driven by both domestic and international migration. | Private Equity Investor | 30/06/2007 |
New York City Industrial Development Agency (New York)
 New York City Industrial Development Agency (New York) Local AgenciesGovernment Issues nonrecourse revenue bonds to provide financing for qualified projects, and to enter into industrial and small industry incentive program transactions and other straight-lease transactions for the benefit of qualified projects. | Président | - |
New York City Economic Development Corp.
 New York City Economic Development Corp. General GovernmentGovernment Provides economic assistance and financial incentives for large businesses | President | - |
Calder Capital Partners
 Calder Capital Partners Investment ManagersFinance Calder Capital Partners specializes in making value-added investments in manufacturing, distribution and service companies valued under $100 million in the US and Korea. The firm focuses on transactions that arise from management buyouts, recapitalizations and growth equity financings. Calder targets companies that present clear opportunities to create value through revitalized growth and on-going operational improvements. In general, these companies have proven management teams, significant growth potential, well-defined business niches and sustainable competitive advantages. | Corporate Officer/Principal | - |
Formation de Charles Millard
Expériences
Fonctions occupées
Actives
Inactives
Sociétés cotées
Entreprise privées
Relations
10
Relations au 1er degré
12
Entreprises liées au 1er degré
Homme
Femme
Administrateurs
Exécutifs
Sociétés liées
| Entreprise privées | 12 |
|---|---|
Prudential Securities
 Prudential Securities Investment Banks/BrokersFinance Provides brokerage services | Finance |
Lehman Brothers Asset Management LLC
 Lehman Brothers Asset Management LLC Investment Banks/BrokersFinance For active fixed-income, LBAM's decision-making process incorporates controlled duration decisions, sector decisions, and individual issue valuation decisions. They base interest rate and sector-related investment decisions on our economic growth forecast. The firm uses risk exposure analysis and risk budgeting models to quantify and manage risks associated with strategies that they design to add value relative to the benchmark index. Individual issue selections result from internal research generated by research specialists. They diversify holdings to reduce credit exposure to individual issuers. Eligible investments for core strategies include US dollar denominated investment-grade securities; for core plus strategies the universe of securities expands to include high yield. For passive bond indexing, LBAM seeks to take advantage of risk premiums as they are reflected in individual security prices. These premiums offer compensation for accepting credit and structure risks associated with individual issues. Explicit quantification and control of risks are at the heart of this investment process. The firm uses proprietary risk exposure analysis to analyze yield curve factors and spread-related factors. For each yield curve and spread factor, the portfolio is very closely matched to the index to ensure that the portfolio earns the same return as the index for any change in interest rates or change in sector spreads. Based on internally generated research, they integrate individual issue selections into the portfolio without disrupting the integrity of the portfolio structure. Holdings are diversified to reduce credit exposure to individual issuers. Eligible investments include securities included in the index, plus those that are their equivalents in terms of credit and structure risks. LBAM's high yield bond management decision-making process begins with a macro-economic framework for determining the appropriate portfolio structure according to defensive versus cyclical industries and appropriate quality orientation (between high BB to low B). Once they have established the overall structure, the firm determines specific industry weights and individual issuer selections. Their research analysts focus on identifying securities that exhibit improving credit fundamentals while avoiding those that experience deterioration in their credit quality. LBAM diversifies holdings to reduce credit exposure to individual issuers. Eligible investments include dollar denominated bonds rated below investment-grade including Rule 144A securities and the full range of structures such as pay-in-kind bonds, interest reset bonds and other instruments that are consistent with high yield investing. | Finance |
The Trustees of Columbia University in The City of New York
 The Trustees of Columbia University in The City of New York Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Pension Benefit Guaranty Corp.
Pension Benefit Guaranty Corp. Investment ManagersFinance PBGC's investment policy is established by the agency’s Board of Directors, composed of the US Secretaries of Labor, Treasury, and Commerce. The Board has established an investment policy that, for the Single-Employer Program, uses a Liability Driven Investment (LDI) approach. Under that approach, the firm employs an asset allocation glidepath under which the investment portfolio risk is reduced as funded status improves. The agency’s Multiemployer Program assets are invested solely in US government securities. PBGC established the Smaller Asset Managers Pilot (SAMP) Program to provide opportunities for smaller investment management firms to manage some of the agency’s fixed income assets. The Pilot Program has been successful in achieving its objectives and PBGC has established the Smaller Asset Managers Program as an ongoing program. | Finance |
College of the Holy Cross (Massachusetts)
 College of the Holy Cross (Massachusetts) Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Calder Capital Partners
Calder Capital Partners Investment ManagersFinance Calder Capital Partners specializes in making value-added investments in manufacturing, distribution and service companies valued under $100 million in the US and Korea. The firm focuses on transactions that arise from management buyouts, recapitalizations and growth equity financings. Calder targets companies that present clear opportunities to create value through revitalized growth and on-going operational improvements. In general, these companies have proven management teams, significant growth potential, well-defined business niches and sustainable competitive advantages. | Finance |
Davis Polk & Wardwell LLP
 Davis Polk & Wardwell LLP Miscellaneous Commercial ServicesCommercial Services Provides legal services | Commercial Services |
New York City Industrial Development Agency (New York)
New York City Industrial Development Agency (New York) Local AgenciesGovernment Issues nonrecourse revenue bonds to provide financing for qualified projects, and to enter into industrial and small industry incentive program transactions and other straight-lease transactions for the benefit of qualified projects. | Government |
Broadway Real Estate Partners LLC
Broadway Real Estate Partners LLC Investment ManagersFinance Broadway Real Estate Partners invests in high quality office properties in select markets nationwide. The firm specifically seeks office properties that have long-term prospects for out-performance due to inherent leasing or physical attributes, but that in the short-term may be mismanaged or underperforming. Prior to acquiring such properties, Broadway typically develops an 18 to 24 month operating plan for adding value and identifies potential exit strategies. During the ownership period, the operating plan and exit strategies are continuously re-evaluated by the asset management and capital markets team. Assets which meet Broadway Real Estate Partners' investment criteria are typically valued at more than $40 million with existing improvements and are classified as class B+ or better within central business districts or suburban in select markets. The firm believes inefficiencies are created when the broader investment market misprices certain risks or focuses on a pricing metric that may be inappropriate give the dynamics of a particular property or market. Broadway Partners focuses on making value-added office property investments in markets distinguished by positive supply and demand trends and by significant investment activity among institutional investors. Specifically, the firm seeks out markets with strong prospects for office-using employment growth which typically exhibit a large employment base and overall job growth, high household income levels, a highly educated workforce and population growth driven by both domestic and international migration. | Finance |
New York City Economic Development Corp.
New York City Economic Development Corp. General GovernmentGovernment Provides economic assistance and financial incentives for large businesses | Government |
Mt. Logan Re Ltd.
Mt. Logan Re Ltd. Life/Health InsuranceFinance Provides property and casualty reinsurance services | Finance |
Cynosure Group /Private Equity/
Cynosure Group /Private Equity/ Investment ManagersFinance Cynosure Group invests in companies located in North America. The firm focuses on financial services, consumer services, and business / industrial service sectors. It participates in buyout and late-stage transactions with an investment size of USD 25 - 75 million. It takes control and minority interest in companies. | Finance |
