Mr. Ranieri is a Senior Advisor to The Kimberlite Group. He also serves as Chairman and President of Ranieri & Co., Inc., an advisor and manager of private investments, and he is founder and Chairman of Ranieri Partners Management LLC, and its investment management companies focused on financial service opportunities. He previously was the prime originator and founder of Hyperion Partners.
Prior to forming Hyperion in 1988, Mr. Ranieri had been Vice Chairman of Salomon Brothers, Inc. (“Salomon”). He is generally considered to be the “father” of the securitized mortgage market. Mr. Ranieri helped develop the capital markets as a source of funds for housing and commercial real estate, established Salomon’s leadership position in the mortgage-backed securities area, and also led the effort to obtain federal legislation to support and build the market. At Salomon, Mr. Ranieri had responsibility for the firm’s activities in the mortgage, real estate and government-guaranteed areas.
Mr. Ranieri served on the Board of Directors of Computer Associates (now known as “CA Technologies”), the 11th largest software company in the world, from 2001-2007, and as its Chairman from 2004-2007. Mr. Ranieri oversaw the restructuring and turnaround of Computer Associates during that period.
Regarded as an expert and innovator in both the mortgage and capital markets, Mr. Ranieri has served on the National Association of Home Builders Mortgage Roundtable continuously since 1989. In recognition of his dedication and lifelong achievements in the housing industry, Mr. Ranieri was inducted into the National Housing Hall of Fame. He is also a recipient of the lifetime achievement award given by the Fixed Income Analysts Society, Inc. and was subsequently inducted into the FIASI Hall of Fame for outstanding practitioners in the advancement of the analysis of fixed income securities and portfolios. In November 2004, BusinessWeek magazine named him one of the “greatest innovators of the past 75 years,” and in 2005, he received the Distinguished Industry Service Award from the American Securitization Forum.