David Franklin Posnick

Chief Executive Officer at

Preston Capital Management

60 year

89 connections

Finance

Consumer Non-Durables

Consumer Services

Profile

Mr. David F.
Posnick is a Chief Executive Officer at Preston Capital Management.
He is on the Board of Directors at Tapstone Energy, Inc., ASG Consolidated LLC and Sorenson Communications LLC.
Mr. Posnick was previously employed as a Senior Managing Director by Blackstone, Inc., a Senior Managing Director by Blackstone Alternative Credit Advisors LP, a Senior Managing Director by Blackstone Credit /Private Equity/, a Managing Director by Credit Suisse Securities (USA) LLC (Broker), a Principal by Donaldson, Lufkin & Jenrette Securities Corp., and an Analyst by Drexel Burnham Lambert, Inc. He also served on the board at American Seafoods Group LLC and Lobo Leasing Ltd. He received his undergraduate degree from The Wharton School of the University of Pennsylvania and an MBA from the University of California, Los Angeles.

David Franklin Posnick active positions

Companies	Position	Start
ASG Consolidated LLC ASG Consolidated LLC Food: Meat/Fish/DairyConsumer Non-Durables Engages in harvesting, processing, preparation and supply of seafood	Director/Board Member	2011-03-28
Tapstone Energy, Inc. Tapstone Energy, Inc. Oil & Gas ProductionEnergy Minerals Produces oil and natural gas	Director/Board Member	2017-04-12
Sorenson Communications LLC Sorenson Communications LLC Miscellaneous Commercial ServicesCommercial Services Provides language services for deaf and hard-of-hearing people	Director/Board Member	-
Preston Capital Management Preston Capital Management Investment ManagersFinance PCM offers customized investment strategies that are designed to meet each client's objectives and risk tolerance. The firm's products and services include tax management, investment management, retirement strategies, estate conservation, insurance, and annuity products.	Chief Executive Officer	2024-12-31

All active positions of David Franklin Posnick

Former positions of David Franklin Posnick

Companies	Position	End
Blackstone Alternative Credit Advisors LP Blackstone Alternative Credit Advisors LP Investment ManagersFinance BACA evaluates potential opportunities and investments by using the investment process which includes a variety of proprietary and non-proprietary research models and methods of analyses and a variety of both internal and external resources, such as financial newspapers and magazines, research, and reports provided by third parties and corporate rating services. The firm seeks to capitalize on both long- and short-term inefficiencies in the market by investing across a spectrum of products, often employing a bottom-up analysis, utilizing market technical and fundamental analyses to select investments.	Director of Investments	2023-11-30
BLACKSTONE INC.	Corporate Officer/Principal	2022-11-30
Donaldson, Lufkin & Jenrette Securities Corp. Donaldson, Lufkin & Jenrette Securities Corp. Investment Banks/BrokersFinance Provides investment banking and brokerage services	Corporate Officer/Principal	-
Lobo Leasing Ltd. Lobo Leasing Ltd. Finance/Rental/LeasingFinance Provides helicopter and equipment leasing services	Director/Board Member	-
American Seafoods Group LLC American Seafoods Group LLC Food: Meat/Fish/DairyConsumer Non-Durables Harvests, processes, distributes and markets a diverse array of seafood products	Director/Board Member	-

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Linked companies

Private companies	14
Credit Suisse Securities (USA) LLC (Broker) Credit Suisse Securities (USA) LLC (Broker) Investment Banks/BrokersFinance Provides brokerage services	Finance
American Seafoods Group LLC American Seafoods Group LLC Food: Meat/Fish/DairyConsumer Non-Durables Harvests, processes, distributes and markets a diverse array of seafood products	Consumer Non-Durables
Donaldson, Lufkin & Jenrette Securities Corp. Donaldson, Lufkin & Jenrette Securities Corp. Investment Banks/BrokersFinance Provides investment banking and brokerage services	Finance
Drexel Burnham Lambert, Inc. Drexel Burnham Lambert, Inc. Agricultural Commodities/MillingProcess Industries Manufactures chocolates and sugar candies.	Process Industries
University of California, Los Angeles University of California, Los Angeles Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
ASG Consolidated LLC ASG Consolidated LLC Food: Meat/Fish/DairyConsumer Non-Durables Engages in harvesting, processing, preparation and supply of seafood	Consumer Non-Durables
Sorenson Communications LLC Sorenson Communications LLC Miscellaneous Commercial ServicesCommercial Services Provides language services for deaf and hard-of-hearing people	Commercial Services
Blackstone Alternative Credit Advisors LP Blackstone Alternative Credit Advisors LP Investment ManagersFinance BACA evaluates potential opportunities and investments by using the investment process which includes a variety of proprietary and non-proprietary research models and methods of analyses and a variety of both internal and external resources, such as financial newspapers and magazines, research, and reports provided by third parties and corporate rating services. The firm seeks to capitalize on both long- and short-term inefficiencies in the market by investing across a spectrum of products, often employing a bottom-up analysis, utilizing market technical and fundamental analyses to select investments.	Finance
Blackstone, Inc. Blackstone, Inc. Investment ManagersFinance Provides alternative asset management services	Finance
Preston Capital Management Preston Capital Management Investment ManagersFinance PCM offers customized investment strategies that are designed to meet each client's objectives and risk tolerance. The firm's products and services include tax management, investment management, retirement strategies, estate conservation, insurance, and annuity products.	Finance
Blackstone Credit /Private Equity/ Blackstone Credit /Private Equity/ Investment ManagersFinance Blackstone Credit invests in middle market companies located across the globe. The firm focuses on a broad range of sectors and industries. It provides financing for buyout transactions.	Finance
The Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Lobo Leasing Ltd. Lobo Leasing Ltd. Finance/Rental/LeasingFinance Provides helicopter and equipment leasing services	Finance
Tapstone Energy, Inc. Tapstone Energy, Inc. Oil & Gas ProductionEnergy Minerals Produces oil and natural gas	Energy Minerals