An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Rithm Capital Corp. Announces Hire of Kenneth Bruce to Lead Investor Relations
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
NEW YORK--(BUSINESS WIRE)--
Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that Kenneth (Ken) Bruce has joined the company as Managing Director; Investor Relations. In his role, Mr. Bruce will lead the team responsible for cultivating and maintaining relationships with investors, discussing strategy, financial performance and Rithm’s long-term value proposition.
“Ken brings a wealth of experience with buy-side equity analysts and a strong network of relationships across the investment community. His deep industry knowledge and diverse investment experience will be an invaluable asset as Rithm Capital continues its growth and evolution,” commented Michael Nierenberg, Chairman and Chief Executive Officer of Rithm Capital.
Prior to joining Rithm, Mr. Bruce held leadership and senior investment positions within the financial services sector for more than two decades, most recently serving as a strategic advisor to public and privately held enterprises at Red Rock Global Advisors. Prior to Red Rock, Mr. Bruce served as the Senior Equity Analyst at Bank of America Merrill Lynch for over 15 years covering the Specialty Finance sector. Mr. Bruce is a Certified Corporate Director, member of the ISSB Technical Reference Group and holds the Fundamentals of Sustainability Accounting credential.
ABOUT RITHM CAPITAL
Rithm Capital is a manager of assets and investments focused on the real estate and financial services industries. The Company seeks to provide attractive risk-adjusted returns across interest rate environments through a complementary portfolio of investments and operating businesses. Since inception in 2013, Rithm Capital has delivered approximately $4.3 billion in dividends to shareholders. Rithm Capital’s investments in operating entities include leading origination and servicing platforms held through its wholly-owned subsidiaries, Newrez LLC, Caliber Home Loans Inc., and Genesis Capital LLC, as well as investments in affiliated businesses that provide residential and commercial real estate related services. Rithm Capital is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes and is headquartered in New York City.
new residential investment corp. (nyse: nrz) is a real estate investment trust that focuses on opportunistically investing in, and actively managing, investments primarily related to residential real estate. we target investments in: (1) excess mortgage servicing rights (“excess msrs”), (2) residential mortgage backed securities (“rmbs”), (3) residential mortgage loans and (4) other opportunistic investments. we believe that unfolding developments in the approximately $19 trillion u.s. residential housing market are generating significant investment opportunities. for example, in the aftermath of the u.s. financial crisis, the residential mortgage industry is undergoing major structural changes that are transforming the way mortgages are originated, owned and serviced. these changes are creating a compelling set of investment opportunities. we believe that new residential is one of only a select number of market participants that have the combination of capital, industry experience and