GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC is pleased to announce that Founder and Managing Partner Thomas P. Majewski has received the prestigious EY Entrepreneur Of The Year™ 2017 Award for the Financial Services category in New York. The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities.
Eagle Point Credit Management LLC, founded in 2012 by Mr. Majewski in partnership with affiliates of Stone Point Capital LLC, is a specialist investment manager focused on collateralized loan obligations, offering investors professionally managed access to the CLO asset class. Soon after its founding, the firm began development of a publicly-traded, income-oriented investment vehicle that invests in CLO securities, culminating in the 2014 debut of Eagle Point Credit Company Inc. on the New York Stock Exchange (NYSE:ECC).
Since its founding, Eagle Point Credit Management LLC and its subsidiaries have experienced high growth. As of May 31, 2017, together with its subsidiaries, Eagle Point Credit Management has approximately $5 billion under management in the aggregate and the firm is one of the world’s largest investors in CLO equity securities.
“I am both humbled by and greatly appreciative for this recognition and would like to extend my sincere gratitude to the entire Eagle Point team as our growth and continued success could not be possible without such a talented and driven group of professionals,” said Mr. Majewski. “I especially want to thank my partners Dan Ko and Dan Spinner for sharing in the vision and management of Eagle Point to help me guide and grow the firm since its inception.”
Mr. Majewski was selected by an independent panel of judges, and the award was presented at a special gala event at the Marriott Marquis on June 22.
Founded and produced by EY, the Entrepreneur Of The Year Awards are nationally sponsored in the US by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation.
In New York, sponsors also include Empire Valuation, Kirkland & Ellis LLP, Pine Hill Group, SolomonEdwardsGroup and DLA Piper.
About Eagle Point Credit Management
Eagle Point Credit Management LLC was founded in 2012 by Thomas Majewski and Stone Point Capital LLC. Based in Greenwich, Connecticut, the firm is a specialist investment manager focused on collateralized loan obligations (CLOs), offering investors a professionally managed and diversified exposure to the asset class. The firm is registered as an investment adviser with the U.S. Securities and Exchange Commission.
About Entrepreneur Of The Year®
Entrepreneur Of The Year®, founded by EY, is the world’s most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent leaders from business, finance, and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in over 145 cities and more than 60 countries. ey.com/eoy
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