Jeff Ulmer

Jeff is a credit risk expert with over 35 years of experience lending to healthcare, energy, commercial real estate, media, and commercial and industrial borrowers.

About Jeff

Jeff has more than three decades of banking experience, with a focus on loan workout and recovery, underwriting, and portfolio management. He also has expertise establishing bank policy and procedures, developing risk ratings, and managing through market crises.

He has experience working through many downcycles, including the early 1990s downturn, the dot-com bubble burst in 2000, the great recession of 2008, and the COVID-19 pandemic-induced recession in 2020. He has deep experience developing asset monetization strategies and executing restructurings in or out of bankruptcy.

During his career, Jeff has:

• Managed a stressed/distressed portfolio of 480 borrowers with $7.4 billion of funded exposure.
• Managed the successful monetization of a $250 million distressed portfolio and led the deployment of over $1.5 billion new loans on a private credit platform.
• Delivered a leveraged 90% internal rate of return/190% capital return multiple to a leading private equity firm in the U.S. on a $1.5 billion loan portfolio.
• Negotiated and closed over $2 billion of leverage facilities to support platform growth and returns.
• Structured a $4 billion unitranche joint venture with a private credit management firm to lower middle market and cyclical companies.
• Helped structure and execute a $3 billion liquidity facility at the online division of a commercial bank to stave off and prepare for bankruptcy.

Prior to Huron, Jeff served as the managing director and special assets group head at Capital One Bank, LStar Capital, and CIT Group. He was also a co-founder and partner at Sasco Investment Group LLC, where he managed alternative assets.

Jeff earned his Master of Business Administration in finance from the University of Bridgeport and his Bachelor of Science in finance from the University of Connecticut.