Andy Stone is the founder of Petra Capital Management. Prior to this, he was a Managing Director and head of the Principal Transactions Group (“PTG”) at Credit Suisse First Boston where he was responsible for the firm’s global real estate effort, including debt origination, equity investments and securitization.
During his career, Mr. Stone has been the recipient of several prestigious industry awards. Among the more prominent is his being named one of the top 100 financial people of the twentieth century by The Financial Institute. Crain’s-NY named him “Forty Under Forty Executives to Watch” in which he was profiled as one of the “hot stars” in the country under the age of forty. Mr. Stone was featured three times in the Financial World’s “Wall Street 100”, which profiled the top 100 successes on Wall Street. Mr. Stone was named to Commercial Property News’ “Dealmakers Hall of Fame” which highlighted the top ten dealmakers of the 1990s. He was also listed in Global Finance’s ranking of the Top 600 people in finance internationally. Mr. Stone has also been featured in New York Magazine in “Who’s Winning on Wall Street” and as one of the 10 of “Wall Street’s Hottest Up-and-Comers” in Worth Magazine.
Prior to Credit Suisse, Mr. Stone was Senior Managing Director in charge of the Mortgage, Asset-Backed and Real Estate Securities Group at Daiwa Securities America. Mr. Stone founded the department and was responsible for managing the origination, trading, structuring and sales of all mortgage and asset-backed securities. The department became an industry leader and major market force in the securitization of unique complex and unusual assets. Mr. Stone’s visionary approach led to the creation of the CMBS market. Prior to Daiwa, Mr. Stone was Managing Director and head of the Mortgage and Asset-Backed Group at Prudential. Mr. Stone began his career at Salomon Brothers in the Mortgage-Backed Securities Department where he helped pioneer the creation of many new mortgage products and was one of several key employees instrumental in establishing Salomon as the pre-eminent force in the MBS markets. Mr. Stone received his B.S. from the Wharton School of the University of Pennsylvania with dual majors in finance and entrepreneurial management and his M.B.A. from the University of Chicago with a double concentration in finance and marketing.