Sevara Partners' Craig Schiffer Speaking at GoldenNetworking.com's Distressed Real Estate Conference

Craig Schiffer, Partner, Sevara Partners, to Dissect "Extend and Pretend" or "Delay and Pray" Strategies at GoldenNetworking.com's Real Estate Leaders Forum 2010

New York, NY, March 28, 2010 --(PR.com)-- Craig Schiffer, former Chief Executive Officer of the Americas at Dresdner Kleinwort and now with Sevara Partners, will participate at GoldenNetworking.com's Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com), April 22nd, 2010, New York City. Mr. Schiffer, recently quoted by The Epoch Times at "Distressed Real Estate Investing, Waiting for the Unraveling" (http://www.theepochtimes.com/n2/content/view/32063), spoke on March 9th at GoldenNetworking.com's Distressed Investing Leaders Forum 2010 and predicted that "one-in-a-generation opportunities will begin to rise from the ashes and competition will be hot."

Mr. Schiffer has spent over 30 years in the investment banking business, in Europe, the United States and Asia, consistently building, fixing and restructuring businesses as well as leading them to strategic, structural and financial success. He was most recently Chief Executive Officer of the Americas at Dresdner Kleinwort, based in New York, having joined in London in 2001 as a Managing Director and Executive Committee member in the Global Debt business. Shortly after, he moved to the New York office to be Head of Capital Markets, North America, becoming Chief Executive in early 2003. Under his tenure, he successfully restructured the New York and Latin American businesses from a U.S. $300 million loss in 2002 to a net operating profit of almost U.S. $300 million (on a U.S. $600 million revenue base in 2006). Mr. Schiffer oversaw both the continuing businesses at Dresdner Kleinwort and the Institutional Restructuring Unit, Dresdner’s $9 billion “bad bank” in North America.

Prior to Dresdner Kleinwort, Mr. Schiffer headed Nomura International’s European Fixed Income Division, overseeing all of the capital markets and derivative businesses. At Nomura, he led the business to bottom line profitability for the first time ever in fiscal year 1999-2000. Mr. Schiffer joined Nomura in August 1997 where he was originally responsible for restructuring Nomura’s U.S. derivatives business, implementing robust risk management and achieving operating profitability. He then took on additional responsibility for Nomura’s proprietary businesses in Europe, which grew considerably under his tenure. He was a member of the European Management Board at Nomura International, responsible for strategy and the daily operations of the European businesses.

Prior to Nomura, Mr. Schiffer spent eighteen and a half years at Lehman Brothers. He served in a variety of management roles in both Fixed Income and Equities. As the Global Head of Equity Derivatives at Lehman Brothers, Mr. Schiffer oversaw operations and concentrated on building the business. Before assuming his role as Global Head of Equity Derivatives in October 1994, Mr. Schiffer was the Global Head of Fixed Income Derivatives at Lehman Brothers (1992-1994). In that role, he restructured and took the fixed income derivatives business from a marginal revenue producer and transformed it into one of the most profitable businesses at Lehman Brothers. Mr. Schiffer held a number of other senior management roles in the fixed income business at Lehman including Global Head of Fixed Income Derivative Marketing (1991-1992), Head of High Yield Sales (1990-1991), Co-Head of Fixed Income Trading and Sales in London (1989-1990), Branch Sales Manager for the Money Markets, Governments and Mortgage businesses in San Francisco (1988, the top producing domestic branch office), and Head of the Money Market, Government and Mortgage businesses in London (1985-1987). Mr. Schiffer was Money Market Sales Manager in New York from 1983 to 1984. During this time, he was instrumental in developing and marketing the Money Market Preferred Stock product, a Lehman innovation. He began his career at Lehman in 1978 with the Money Market Sales group. Mr. Schiffer was also an initial member of the Lehman Brothers Finance Committee and Lehman’s representative to the Board of EJV, a street consortium to build an electronic trading system.

Mr. Schiffer served as a Director of the Board, At-Large, of the Bond Market Association and as a member of the Financial Services Industry Roundtable. He is currently on the Board of Trustees of Kent Place School in New Jersey and Chairman of the Board of Saxlingham European Fund. Mr. Schiffer is married with five children and lives in New Jersey. He holds a B.A. with dual honors from the University of California at Santa Cruz, where he serves as a member of the University’s Strategic Advisory Board. He is a member of the New York Stock Exchange, FSA registered and has certification in Series 7, 9, 10, 24 and 63.

GoldenNetworking.com's Real Estate Leaders Forum 2010 is produced by GoldenNetworking.com (http://www.goldennetworking.com), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant Edgar Perez. Upcoming Leaders Forums and Business Networking receptions include:
· High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), April 5th, New York City
· Venture Capital Leaders Forum 2010, "Setting the Stage for Transformational Change" (http://www.VCLeadersForum.com), May 13t, Boston, MA
Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to info@goldennetworking.com. GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections" (http://www.nytimes.com/2009/11/07/nyregion/07network.html) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).

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