Derek Bryson Park is an American Investment Portfolio Manager and Banker.[1] Park served as Managing Director in the Fixed Income/Structured Finance Division at Lehman Brothers[2][3][4][5] Preceding Lehman, he was President of Mahler & Emerson Inc., (an affiliate of Brean Murray, Carret & Co., with JP Morgan serving as clearing partner), Managing Director of Rafferty Holdings, LLC and President of Cohane Rafferty Capital Markets, Inc. specializing in the mortgage banking and financial institutions industries.[2][4][5][6][7][8][9][10][11][12] He served as Director of the Federal Home Loan Bank of New York in the Clinton and Bush Administrations from March 1999 to December 2002 and as Vice Chairman and Chairman (pro tem) of the New York Industrial Development Agency (IDA) in the Giuliani and Bloomberg Administrations.[12]
Derek Park is currently Principal at Wilmington Capital Securities, LLC with the Royal Bank of Canada (“RBC”) serving as clearing partner. With the vast majority of assets managed on a discretionary basis, he is responsible for a multitude of individual accounts, trusts and foundations.
Early Life and Education
Derek Park attended Bishop’s College School, Lennoxville, Quebec, Canada; Croydon Country Day School, Jamaica Estates, NY; P.S. 99 Kew Gardens School, NY; and, The Kew-Forest School, Forest Hills, NY. After his primary and secondary education, he attended Western University, London, Ontario, Canada and earned a Bachelor of Arts degree in 1977.[7] In 1979, he earned an MPA from the New York University Robert F. Wagner Graduate School of Public Service, a Ph.D. from the New York University Graduate School of Arts and Science in 1982,[7] and successfully completed the International Housing Finance Program, The Wharton Real Estate Center, University of Pennsylvania in 2001.
Career
Early Career


Lehman Brothers and Cohane Rafferty Capital Markets

Park also served as a Managing Director of the Potomac Funds, a leading provider of leveraged index and alternative-class mutual fund products (which was renamed Direxion Funds in 2006).

Significant M&A and portfolio transactions specific to Derek Park include: Securing the sale of Wells Fargo Mortgage Bank to General Motors Acceptance Corporation; Structuring a strategic partnership between Cendant Corporation and Homeside Lending, Inc., a wholly owned subsidiary of National Australia Bank; The sale of Capstead Mortgage Corporation to GMAC/RFC; M&T Bank in their joint venture acquisition with KeyBank of Goldome Federal Savings Bank from the FDIC; and Capstead Mortgage’s acquisition of 16 portfolios which, in aggregate, amounted to $26.3 billion, which included product sourced from Citicorp, Fleet Bank, Source One, Crossland, Caisse des Dépôts et Consignations (“CDC”), FBS and Weyerhauser;
Clinton, Bloomberg, and Giuliani Administrations

Park was appointed as Director of the Federal Home Loan Bank of New York by the Clinton administration[5][7][8][11][21][22] in January 1999 and served into the George W. Bush administration until 2002.[3][10][23] Park was also appointed by the Giuliani Administration; and, the Bloomberg Administration as Chairman (pro tem) of the New York Industrial Development Agency (“IDA”),[24][25][26] Vice-Chairman of the NYC Capital Resource Corporation (“CRC”),[27] and Director of the New York City Economic Development Corporation (“EDC”)[28] principally attending to overseeing the structural expansion of the New York Stock Exchange; the designing and planned construction of

two baseball stadiums for the Yankees and the Mets;[26] and the monitoring of the country’s largest urban redevelopment project in US history with the renovation of Time Square.[28] In 2006, Park together with Randy Levine, the President of the New York Yankees Baseball Club, and David Cohen, the Executive Vice President and Chief Legal Officer of the New York Mets, received the “Bond Buyer’s Deal of the Year Award Award” for the IDA’s sale of $1.6 billion of bonds to finance new baseball parks for both teams.[26][29]

Arbitration
Derek Park was appointed to and served as an Arbitrator, Board of Arbitrators, National Association of Securities Dealers (“NASD”) [otherwise known today as “FINRA“]; the New York Stock Exchange; and, the Chicago Board of Trade (1992 2002).[7]
Other Activities

Derek Park served as Vice Chairman of Winchendon School, Worcester County, MA (1990-2005) and Director (and member of the Executive Committee), Bishop’s College School, Lennoxville, Quebec, Canada (1994-2000). Additionally, he was elected Vice Chairman, Southwest Security, a Federal Reserve Board regulated holding company controlling United Mississippi Bank and other entities (1999-2003) and Director, First Franklin Bank Product Innovation Board, A National City Company, San Jose, CA.
From 2004 to 2005, Park was appointed (and reported directly to) the Apostolic Nuncio (Senior Ambassador) of the Holy See (“The Vatican”), H.E. Archbishop Celestino Migliore, joining the ranks of the five-member delegation allotted to each nation-state within the United Nations. In this role, he focused primarily on the adoption and implementation of a worldwide resolution specific to “Preventing, Combating, and Eradicating the Illicit Trade in Small Arms and Light Weapons in All Its Aspects.”[40][41]



Personal Life
Derek Park was born and raised in New York City. His father was a Doctor of Internal Medicine, psychotherapist and a senior Madison Avenue advertising executive, his mother was a health care professional, and his brother is a double board certified physician.
His hobbies include tennis, squash, baseball, extreme travel, bank note collecting (“notaphilist”), history (political, financial and military) and a love for comedy genres in virtually all its forms.
Selected Writings
- Contributing Editor, Servicing Mortgage Portfolios – Strategies and Applications for Buying, Selling, and Managing Mortgage Loan Portfolios, Chicago, Illinois: Probus Publishing Co., 1991
- Contributing Writer, Researcher’s Digest Department, “National Civic Review.”
- Review of Technology Policy Analysis: Bridging the Technology Gap, by Barry Hyman. (April, 1981).
- Review of Town-Country Relations in Virginia, by Mary Jo Fields and Sandra H. Wiley. (January, 1981).
- Review of Small Towns, Big Grants: Federal Aid and Nonmetropolitan Local Governments in Illinois, by Alvin D. Sokolow. (April, 1980).
- Review of Illinois Municipalities: Where Have All The Voters Gone?, by Oliver Walter and Albert Karnig. (December, 1979).
- Review of Public Employer Turnover in State Government: Costs and Benefits, by C. Meyer, M. Beville and T. Magedanz. (May, 1979).
- Review of Taxpayers Associations: The “Opposition: in Government Finance”, by Alexander Walker. (December, 1978).


















References
- “Derek Bryson Park: Executive Profile & Biography – Bloomberg”. www.bloomberg.com.
- “BrokerCheck – Find a broker, investment or financial advisor”. brokercheck.finra.org. Retrieved 2018-05-31.
- “FHLBNY News & Events | President’s Report: At the Bank – 1/31/2003”. www.fhlbny.com. Retrieved 2018-04-29.
- United States, Federal Housing Finance Board. “Finance Board Completes Capital Plan Approvals, Commemorates 70th Anniversary of FHLBANK System.” FHFB Press Release, 18 July 2002. www.fhlbny.com/news/Press_Release/pr_20020718.htm. Accessed 7 Jan. 2003.
- “Park Named to Board of NY Home Loan Bank” The Natchez Democrat from Natchez, Mississippi-Page 1D. April 11, 1999
- “Exhibitors At The MBA National Servicing Conference In Los Angeles”, Mortgage Servicing News, Page 26. April 1999
- “Securities Executive Named to Board of N.Y. bank”. Clarion-Ledger from Jackson, Mississippi. April 11, 1999. p. 1C. Retrieved 2018-05-31.
- “The Trading Floor/ Housing Board Names Director of Loan Bank.” The Bond Buyer. New York [Vol. 328 / No. 30620] Page 29. April 15, 1999.
- “Homeside Strikes Alliance With Cendant Mortgage.” Mortgage Marketplace (ISSN: 0744-3927) An American Banker Publication/A Division of Thomson Information Services, Inc., New York [Volume 22, Issue 25] Page 1-4. June 21, 1999.
- Park, Derek, Bryson. “New Charter”. National Mortgage News (Thomson Media/ USPS 0564 390). New York [Volume 26 / Number 49] Page 1 & 12. September 9, 2002.
- ^ Jump up to:a b “The Federal Home Loan Bank of New York Names Executive”. American Banker. Retrieved 2017-12-11.
- “Wilmington Capital Securities, LLC”. www.wilmingtoncap.com. Retrieved 2018-05-31.
- “Reporter’s Notebook: Open’s Closed Places”. The New York Times. September 2, 1979. p. S 7.
- Park, Derek, Bryson. “1980 U.S. OPEN PANORAMAS.” U.S. OPEN-USTA National Tennis Center, New York-Special Centennial Edition (September 1–13, 1981); Page 152. Tennis Championships Magazine (Special U.S. Open edition Vol. 31 No. 8); Publisher: H.O. Zimman, Inc.; Copyright 1981 by H.O. Zimman, Inc.
- International Who’s Who In Tennis; Library of Congress Catalog Card No. 83-050904; International Standard Book No. 0-9611296
- Tournament of Champions, Forest Hills, New York (May 2–9, 1982); WCT Official Magazine (VOL. 32/ NO. 4); Publisher: H.O. Zimman, Inc.; Copyright 1982 by World Championship Tennis Magazine.
- “Callon Petroleum Company (CPE)”. Callon Petroleum Company. Retrieved 2019-06-22.
- Smith, Carolyn Vance (1984). Secrets of Natchez: From a Journalist’s Notebook. Plantation Pub. Co. ISBN 9996455955.
- “Vilas Given a One-Year Suspension”. Clarion-Ledger from Jackson, Mississippi. June 9, 1983. p. C3.
- “Allain, Edwards Here Friday” The Natchez Democrat from Natchez, Mississippi-Page 1 [Vol. 119 No 349] Page 1D. December 15, 1983
- “Political donors got a boost from Kerry”. msnbc.com. 2004-02-06. Retrieved 2017-12-11.
- “Campaign says money not linked to nominations – The Boston Globe”. archive.boston.com. Retrieved 2017-12-11.
- “FHLBNY News & Events | President’s Report: At the Bank – 1/30/2004”. www.fhlbny.com. Retrieved 2018-11-16.
- “Meet Your Industrial Development Agency”. Streetsblog New York City. 2007-09-17. Retrieved 2018-04-29.
- “N.Y.C. IDA Vice Chair Quits”. Bond Buyer. Retrieved 2017-12-11.
- “The Bond Buyer Names Mets/Yankees Stadium Transactions 2006 “Deal of the Year““.
- “NYC Commission on Human Rights, Annual Report 2011” (PDF).
- Official Statement — NYCEDC — NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY $20,000,000 Variable Rate Demand Civic Facility Revenue Bonds (Grace Church School Project), Series 2006
- “N.Y.C. IDA Stadium Issue Is Deal of the Year”. The Bond Buyer. New York [Vol. 352 / No. 32522] Page 1. December 6, 2006.
- “Campaign says money not linked to nominations – The Boston Globe”. archive.boston.com.
- “Mayor Michael R. Bloomberg Announces Appointments to the New York City Commission on Human Rights on 10/15/02 | OTM Law”. otmlaw.com. Retrieved 2018-04-29.
- Park, Derek, Bryson. “Sounding Alarm on City Pensions.” Newsday [New York] October 16, 2002: Page A16.
- “NYC Commission on Human Rights, Annual Report 2002”
- “NYC Commission on Human Rights, Annual Report 2006”
- “NYC Commission on Human Rights, Annual Report 2008”
- “NYC Commission on Human Rights, Annual Report 2013”
- “Comm’n on Human Rights ex rel. De La Rosa v. Manhattan and Bronx Surface Transportation Operating Auth.”
- “Mayor Bloomberg Appoints Willam Hibsher and Renee Lobo to the New York City Commission On Human Rights”. The official website of the City of New York. 3 April 2009. Retrieved 2018-03-07.
- Criminal Court of the City of New York Certificate of Disposition Number 588597
- “A/CONF.192/BMS/2005/INF.1 – E”. undocs.org. Retrieved 2018-11-16.
- Park, Derek, Bryson. “Resplendent Commencement at G.T.S.” Now Chelsea [New York] (Volume 1, Number 35) May 18–24, 2007, Page 14.