TLDR
- EJF Capital adds industry veterans John Murray and Derrick Preuss as managing directors
- Murray brings over 26 years of experience in structured product investment, while Preuss has a background in business development and client service
EJF Capital has announced the appointment of John Murray and Derrick Preuss as managing directors as part of their strategic focus on expanding their offering in mortgage-backed instruments and business development. With a history of investments across the capital structure, the $6 billion firm was founded in 2005 by Manny Friedman and Neal Wilson. Both Murray and Preuss bring extensive experience to their new roles at EJF Capital, with Murray focusing on residential mortgage-backed securities and credit risk transfer transactions, and Preuss leading the business development efforts to build relationships with investors.