#United States #New York #Gracie Point #Howard Levkowitz #specialty finance

Howard Levkowitz Joins Gracie Point Holdings as Non-Executive Chairman

Gracie Point Holdings, LLC, known for its innovation in the specialty finance sector, has announced the appointment of Howard Levkowitz as its new Non-Executive Chairman. This strategic move is seen as a pivotal step in the firm's ongoing growth and expansion strategy.

Howard Levkowitz, a seasoned veteran in the specialty finance industry, is set to lend his invaluable expertise to the company. In recent discussions with Gracie Point's founder and CEO, Harish Raghavan, the firm formulated strategies that have positioned the company at a critical juncture for advancement. Raghavan expressed enthusiasm regarding Levkowitz's arrival, emphasizing the importance of his experience in scaling successful global finance organizations.

"We are thrilled to welcome Howard Levkowitz to Gracie Point as our Non-Executive Chairman and an investor. He has been an advisor during our strategic planning sessions, and we believe this is the perfect moment to benefit from his vast insights," Raghavan stated.

Levkowitz reiterated his excitement about the role, noting, "Gracie Point is currently well-positioned with a defined strategy and a highly skilled team. I look forward to collaborating with Harish and the leadership team to enhance the firm's momentum and support portfolio companies through strategic, operational, and capital markets assistance."

Vikas Singhal, a partner at Hudson Structured Capital Management, Gracie Point's principal investor, also welcomed Levkowitz into the fold. He noted Levkowitz's unique blend of extensive finance knowledge coupled with his entrepreneurial spirit. The team is eager to partner with Levkowitz as Gracie Point embarks on its next growth phase.

About Howard Levkowitz

Alongside his position at Gracie Point, Levkowitz is also the founder of Signal Hill Holdings, LLC, which focuses on providing growth capital to both private and public entities. Additionally, he serves as the Managing Partner of Penn Properties LLC, a real estate investment firm known for acquiring properties and delivering flexible capital solutions.

Levkowitz’s previous accomplishments include co-founding Tennenbaum Capital Partners (TCP), where he was integral in its development, serving as a Managing Partner and detailing its Management Committee for many years. Under his leadership, TCP Capital Corp became a publicly traded entity, and after its acquisition by BlackRock in 2018, Levkowitz took on the role of Chairman of BlackRock U.S. Private Capital. His diverse background also includes legal experience specializing in real estate and insolvency at Dewey Ballantine LLP.

Furthermore, Levkowitz has been actively involved on various boards for both public and private firms and contributes to several advisory boards in private investment. He currently chairs an investment committee for a charitable retirement plan and serves as Vice Chair of a nonprofit endowment.

In terms of academic credentials, Levkowitz holds a Bachelor of Science in Finance from the Wharton School and a Bachelor of Arts from the College of Arts and Sciences at the University of Pennsylvania. He also holds a Juris Doctor degree from the University of Southern California.

About Gracie Point Holdings, LLC

Gracie Point Holdings specializes in establishing companies in the specialty finance realm, particularly in insurance, and aims to evolve them into market leaders through a combination of strategic guidance and capital market support. With its leadership team comprising professionals from esteemed financial institutions, Gracie Point is committed to delivering long-term value for its stakeholders while supported by a strong network of prominent investors. For additional details, visit www.graciepoint.com.