Mina Gerowin
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, from which she graduated with honours in Political Economy. She received a law degree from the University of Virginia, where she was an editor of the Virginia Journal of International Law, writing on foreign direct investment regulation. She also received an M.B.A. from Harvard, where she was a Baker Scholar, 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. She was the first woman in M&A at Lazard Freres & Co., where she was also the first female Vice President.[3] She joined Paulson & Co. in 2004. Moving to London in 2008, she headed Paulson's European event, distressed and credit investment team.[4] In 2009 Gerowin won the European Hedge Fund Leadership Award of 100 Women in Hedge Funds, and has been named several times as one of the Top 100 Women in Hedge Funds by the Hedge Fund Journal and as one of the Top 50 Women in Finance by efinancial news/Dow Jones.
Gerowin retired from Paulson & Co. in 2012[5] and became a non-executive director of EXOR, which is better known for its Fiat Chrysler Automobiles holding. She is also a non-executive Director of CNH Industrial NV and of Lafarge SA (the French cement company). Gerowin is a member of the Global Advisory Committee of Samsung Asset Management.
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
- ^ Morgenson, Gretchen; Story, Louise. "Banks Bundled Bad Debt, Bet Against It and Won". New York Times. December 23, 2009.
- ^ "Governor Dannel Malloy and Comedian Jane Condon to Speak at UNH Commencement" April 26, 2012
- ^ Jeff Reeves, "Hedge Funds' 5 Most Influential Women", InvestorPlace (May 8, 2012)
- ^ James Heinsman, "Hedge Fund Awards", Hedge Crunch Financial (June 20, 2011)
- ^ Lawrence Delevingne, "Paulson Europe partner Mina Gerowin Retires", Hedge Fund Intelligence (June 28, 2012).
- ^ "Weddings: Mina Gerowin, Jeffrey Herrmann" The New York Times, May 21, 2000
- ^ "Hedge-fund manager loses £150,000 legal bet on square", The Independent (July 10, 2010)
- ^ High Court of Justice, Case No: HC10C03969, Neutral Citation Number: [2012] EWHC 1492 (Ch)
External links