The advisory board of Associated Renewable is a collection of individuals who bring unique knowledge and skills, which complement the knowledge, and skills of the formal management team and the board of directors in order to more effectively govern the organization.
The advisory board does not have legal formal authority to govern the organization and cannot issue directives which must be followed. Rather, the advisory board serves to make recommendations and/or provide key information and materials to the formal management and the board of directors.
Associated Renewable is committed to fostering innovative ideas through industry experts and their fresh voices.
J. Russell Bulkeley
Attorney - Martin LLP
Mr. Bulkeley is Counsel at Martin LLP, a boutique corporate law firm representing middle market companies – and their owners, investors and financiers – with the challenging and often unique issues encountered throughout the growth stages of a business, including advising on the structure and implementation of various corporate and finance transactions, as well as related board and stockholder / member deliberations. Prior to Martin LLP, Mr. Bulkeley was with the Corporate and Securities Practice Group of the New York office of Thompson & Knight LLP, a full service international law firm headquartered in Texas. His legal practice focuses on corporate and securities matters, including strategic and financial M&A, business alliances, senior and mezzanine debt financing, public and private debt and equity offerings, regulatory compliance, and corporate governance. Clients have consisted of publicly-traded and privately-owned emerging growth companies in the energy sector, including oil and natural gas exploration and production, green and alternative energy, and the related transportation and services space, as well as a myriad of other industries. A fair amount of his practice includes representation of private equity and their portfolio companies. Mr. Bulkeley earned his Juris Doctorate from the New York University School of Law, where he also was a Junior Fellow at the Center for International Studies, a note author in the NYU Journal of International Law and Politics, and a research assistant to former professor of law and international legal scholar Thomas M. Franck.
Chief Executive Officer - Athenian Venture Partners
Mr. Cohen has more than 30 years of financial, operations and general business experience as a senior financial and operations executive at several public and private companies. He is currently a business advisor to a company in the process of going public and a consultant to Athenian Venture Partners, a venture capital firm. He spent almost 5 years as the Chief Financial Officer and Secretary of Asta Funding, Inc., a publicly traded company that acquires and liquidates consumer receivables. During his tenure, Mr. Cohen assisted in acquiring approximately $15 billion of consumer receivables for liquidation and also completed several mergers. In addition, he managed a portfolio of over 300 pools of distressed consumer assets. Prior, Mr. Cohen served as the Chief Operating Officer or Chief Financial Officer of various private and public companies, including, Siebert Financial Corp, a financial services company, Everything’s Jake, a start up entertainment and artist management company and Ehrlich Bober Financial Corp, a public company which was sold through a successful reverse merger that he engineered. Mr. Cohen also spent over 7 years in public accounting with a heavy emphasis on financial audits of hedge funds and mergers and acquisitions engagements. Recently, Mr. Cohen served as the Senior Financial Officer of S2BN Entertainment, a company with investments in entertainment properties. He has raised money in intricate PIPE transactions, a reverse merger, a public offering, and several private company financings. In 2007 he raised $300 million to finance an asset purchase. Mr. Cohen has taught continuing professional education classes for accountants with a focus on Securities and Exchange Commission matters and has taught continuing education classes at Hofstra University. He has also been a featured speaker at investment and industry conferences. He had the privilege of being a part of the closing bell ceremonies at both the NYSE and NASDAQ.
Chief Executive Officer - Bearsden Advisors
Mr. Coventry has over 21-years of Wall Street experience evaluating, structuring and executing corporate finance transactions. During his career, Mr. Coventry has helped clients raise approximately $1 billion in capital. He has extensive experience with private placements of equity and convertible debt. Prior to his leading role at PIN Financial, LLC, Mr. Coventry was a co-founder and partner of Emerald Investments, Inc., a New York-based FINRA member firm. Mr. Coventry also held leading positions with four other investment banking boutiques during his career: Strasbourger Pearson Tulcin Wolff, Inc., a New York Stock Exchange member firm; JMP Securities; Commonwealth Associates, and GKN Securities (K.N.A. Early Bird Capital) - all merchant banking boutiques. Early in his career, Mr. Coventry also developed expertise in leveraged mezzanine financial transactions at Westinghouse Credit Corp. While at GKN Securities, Mr. Coventry was an advisor in the initial formation of Specified Purpose Acquisition Corps. (“SPACs”). Mr. Coventry actively worked with early SPAC management teams on both their initial public offerings and subsequent acquisitions. From 1996 to 2007, Mr. Coventry served as a Director of Target Logistics, Inc. (formerly AMEX “TLG”). He was the lead Director responsible for the sale of Caribbean Air Services (“CAS”), a Target subsidiary, for $31 million to GeoLogistics, Inc. in 1998. CAS was subsequently acquired by FEDERAL EXPRESS CORP (NYSE “FDX”). Mr. Coventry was also a lead Director in the ultimate sale of Target Logistics to Main Freight (a New Zealand-based global transport and logistics group) in October 2007 for $55 million. Mr. Coventry is a Travelli Scholar and holds a Bachelor of Science degree in finance from Northeastern University in Boston, Massachusetts. He is a past president of the Northeastern University Alumni Association (comprised of 165,000 members in the U.S. and internationally) and has served on several governing boards of the university. In 1998, Mr. Coventry was awarded Northeastern University's College of Business Administration's Distinguished Service Award. In 2003, he was awarded the W. Erwin Story Citation that recognizes Northeastern graduates whose commitment to the University provides an extraordinary example for fellow alumni. Mr. Coventry holds Series 7, 63 and 24 Financial Industry Regulatory Authority (FINRA) registrations.
Justin T. Crane
Chief Executive Officer - The Palomar Group
Mr. Crane is the Founder and CEO of The Palomar Group, a private investment & advisory firm involved in the lower middle market focusing on leveraged and management buyouts, minority recapitalizations, growth financings, and turnarounds. Prior to founding The Palomar Group, Mr. Crane provided consulting services to business owners, private investment firms, and family offices related to the origination, analysis, and execution of private investment opportunities. Before that, he was an Investment Associate at Pomona Capital, a private equity affiliate of ING that has $6.9 billion of AUM. Prior to Pomona Capital, Mr. Crane worked in the Transaction Services group at PriceWaterhouseCoopers where he advised private equity firms and corporations such as Fortress, Apollo, CVC, Charterhouse, Cerberus, GTCR, BBH, Ford, Schlumberger, and Danaher on accounting and valuation issues associated with a variety of complex transactions including mergers & acquisitions, leveraged buyouts, initial public offerings, recapitalizations, derivatives, financial instruments, joint ventures, and leases. Mr. Crane graduated cum laude from Bucknell University in Lewisburg, PA, with a B.S. in Business Administration that included an Accounting major and Economics minor. Mr. Crane is a CPA (inactive license) and a native of the Lehigh Valley area of Pennsylvania.
Chief Financial Officer - KCAP Financial Inc.
Mr. Gilpin joined KCAP Financial (NASDAQ:KCAP), Inc. in June 2012 as the Chief Financial Officer and has over 28 years of experience. Prior to joining KCAP Financial, Mr. Gilpin served as the Chief Financial Officer at Associated Renewable Inc. from December 2010. From January 2008 to May 2010, he served as Executive Vice President and Chief Financial Officer of Ram Holdings, Ltd., a provider of financial guaranty reinsurance, and prior to that he was the Executive Vice President, Chief Financial Officer and Director of ACA Capital Holdings, Inc., a holding company that provided asset management services and credit protection products, from December 2000 to January 2008. Prior to joining ACA Capital, Mr. Gilpin was Vice President in the Financial Institutions Group at Prudential Securities, Inc.'s investment banking division. From 1998 to 2000, Mr. Gilpin served in the capacity of Chief Financial Officer for an ACA Capital affiliated start-up venture, developing the financial plans and spearheading the capital raising process. From 1991 to 1998, Mr. Gilpin was with MBIA, Inc., a holding company whose subsidiaries provide financial guarantee insurance, fixed-income asset management, and other specialized financial services, where he held various positions in the finance area. His most recent position with MBIA was Director, Chief of Staff for MBIA Insurance Company's President. Mr. Gilpin began his career as an Assistant Vice President in the Mutual Funds Department of BHC Securities, Inc. Mr. Gilpin holds an M.B.A. from Columbia University and a B.S. from St. Lawrence University.
Dr. Chad Joshi
Chief Executive Officer - Altranex Energy, LLC
Dr. Chad Joshi is an entrepreneur and educator whose expertise is in industrial and utility-scale energy systems. He is currently an Adjunct Faculty at Northeastern University’s College of Professional Studies teaching courses in Renewable Energy and Power Generation. Dr. Joshi also currently provides strategic energy consulting services to a number of companies in the alternative energy and clean tech sectors, a role which he has held since September 2007. In addition, Dr. Joshi currently serves as the founder and Chief Executive Officer of Altranex Energy, LLC, renewable energy company focusing on the development of a biofuels technology, a position which he has held since April 2009. Dr. Joshi also currently serves as an adjunct professor at Northeastern University, College of Professional Studies where he teaches courses related to renewable energy and power generation, a position which he has held since October 2008. Previously, from February 2008 to April 2009, Dr. Joshi served as the founder, Chief Operating Officer and a member of the board of directors of Owl Power Company, a developer of cogeneration systems that run on waste vegetable oil. From March 1996 to December 2007, Dr. Joshi served as the founder and Chief Executive Officer of Energen, Inc., a precision motion control solutions company.
Dr. Joshi holds a B.S. in Mechanical Engineering from Worcester Polytechnic Institute and a Ph.D. in Mechanical Engineering and Materials from Massachusetts Institute of Technology. Dr. Joshi has authored of over 40 papers and 18 patents.
General Counsel - A MREP Corporation
Mr. Vitale serves as Vice President, General Counsel and Secretary at AMREP Corporation. Mr. Vitale served as the Chief Administrative Officer of WorldGate Communications, Inc. from March 13, 2011 to July 29, 2011. He also served as General Counsel, Senior Vice President of Legal and Regulatory and Secretary of WorldGate Communications Inc. until July 29, 2011. He was responsible for managing all legal, secretarial governance, compliance, litigation, securities