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Mina Gerowin

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Mina Gerowin (born 1952) is an American business executive and hedge fund manager, notable for her role in Paulson & Co.'s pre-2007, and ultimately highly profitable, bets against the soundness of synthetic collateralized debt obligations (CDOs) in the financial crisis of 2007.[1]

Gerowin is a graduate of Smith College. She received a law degree from the University of Virginia and an M.B.A. from Harvard, as well as an honorary doctorate from the University of New Haven.[2] Gerowin was one the first women to break into the hedge fund industry as Lazard Freres & Co.'s first female managerial hire.[3] At Lazard, she did international M&A, after which she bought and headed five companies as LBOs. She joined Paulson & Co. in 2004. Moving to London in 2008, she headed Paulson's European event, distressed and credit investment team.[4]

Gerowin retired from Paulson & Co. in 2012 and joined the board of the Agnelli family holding company EXOR.[5]

Gerowin married Jeffrey Herrmann in 2000[6] and uses the name Mina Gerowin Herrmann socially. The couple briefly made headlines in 2010 when the British High Court invalidated their claim, on the basis of a few inches of frontage and after a reported £150,000 in legal fees, to a share in a nearby locked garden. The case, including the fact that the claimants were rich Americans, was gleefully reported in the British press.[7][8]

References

  1. ^ Morgenson, Gretchen; Story, Louise. "Banks Bundled Bad Debt, Bet Against It and Won". New York Times. December 23, 2009.
  2. ^ "Governor Dannel Malloy and Comedian Jane Condon to Speak at UNH Commencement" April 26, 2012
  3. ^ Jeff Reeves, "Hedge Funds' 5 Most Influential Women", InvestorPlace (May 8, 2012)
  4. ^ James Heinsman, "Hedge Fund Awards", Hedge Crunch Financial (June 20, 2011)
  5. ^ Lawrence Delevingne, "Paulson Europe partner Mina Gerowin Retires", Hedge Fund Intelligence (June 28, 2012).
  6. ^ "Weddings: Mina Gerowin, Jeffrey Herrmann" The New York Times, May 21, 2000
  7. ^ "Hedge-fund manager loses £150,000 legal bet on square", The Independent (July 10, 2010)
  8. ^ High Court of Justice, Case No: HC10C03969, Neutral Citation Number: [2012] EWHC 1492 (Ch)

"100 Women in Hedge Funds"


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