Robert Grunewald
Robert Grunewald is the Founder and CEO of Flat Rock Global, an alternative asset manager focused on developing yield driven investment strategies in sectors deemphasized by banks. Grunewald is an experienced executive with a demonstrated history of working in the investment management industry. He has over 30 years of experience with middle market finance, BDCs, and asset management. Within the finance industry, he has participated as a lender, investment banker, M&A advisor, private equity investor and hedge fund manager. Prior to Flat Rock, he was President and Chief Investment Officer of Business Development Corp. of America, where he grew the company from $2.5 million of assets under management to $2.5 billion.
Robert Grunewald Professional Experience / Academic History
Professional Experience
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Founder and Chief Executive Officer
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Managing Director
Academic History
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M.B.A., Banking, Corporate, Finance, and Securities Law
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B.B.A., Accounting and Finance
BDCA
During his tenure, BDCA was one of the top performing non-traded BDCs.
He formed the investment and origination teams, established BDCA’s strategy, and chaired the investment committee.
He also established the firm’s loan management systems as well as its policies and procedures.
EARLY CAREER
He was Head of Financial Services - Mergers & Acquisitions at NationsBank/Montgomery, where he led his team in completing numerous assignments for clients throughout the specialty finance industry.
In 1997, Grunewald was recruited to lead the Specialty Finance Investment Banking Practice at what became Wachovia Securities.
At Wachovia, he managed a number of high profile transactions, including initial public offerings and secondary offerings for some of the largest publicly-traded BDCs and finance companies including Capital Source, Ares Capital, American Capital Strategies, Allied Capital, and Gladstone Capital.
He committed over $1 billion to debt and equity investments generating an average annual return of 9.6%.
While at ACAS he founded two highly successful financial services companies: Core Financial Holdings, a diversified commercial finance company and asset based lender, and American Capital Agency Corporation, a publicly traded mortgage REIT.