New York, November 10th / PRNewswire / -- Nearwater Today, we announce the appointment of Amar Kuchinad as President. Kuchinad will report to Nearwater's managing partner and founder, James Peterson, and will also serve as a member of the company's senior leadership team. This appointment reflects Nearwater's continued commitment to investing in executive talent in order to expand its platform and deepen customer relationships.
As President, Kuchinad will be responsible for all operational and corporate functions of Nearwater, allowing the company's business leaders to continue to focus on customers and business growth. He will work collaboratively with these leaders, with a focus on strengthening the infrastructure, control systems, and organizational capabilities that support Nearwater's risk retention, liquidity market, and capital market operations in the United States, Europe, and Canada.
Peterson represents: “Amar possesses rare market, regulatory, and operational experience. He has established and led a regulated trading platform, been responsible for the technology, data, and risk management of global asset management companies, and has also served as a policy advisor at the U.S. Securities and Exchange Commission. As we expand our business and broaden the range of services we offer to clients, the leadership of Amar will ensure that our platform, infrastructure, and control framework are capable of keeping up with our ambitions. Introducing a leader of such calibre will strengthen our executive team and prepare us for future growth. We are very pleased to welcome him to join the company in this role.”
Kuchinad states: " Nearwater has already established a differentiated business system to meet the complex and highly regulated demands of the capital market. I am very excited to join the team in this capacity. I look forward to working with James and the entire leadership team to expand the platform and capabilities, support the company's next phase of growth, and enable it to serve customers on a larger scale."
Kuchinad joined as the predecessor to Nearwater, who was the CEO of Copper. Copper is a digital asset infrastructure and custody company. He has also previously served as the Senior Managing Director of Pretium Partners, responsible for the technology, data, analytics, and risk management of that company and its operating subsidiaries.
In an earlier stage of his career, Kuchinad co-founded Electronifie and served as its CEO. Electronifie is an electronic corporate bond trading platform registered with the U.S. Securities and Exchange Commission (SEC), which was later acquired by Trumid. He has also served as a senior policy advisor to the SEC and as a managing director at Goldman Sachs, responsible for credit trading in U.S. portfolios. Kuchinad holds a Bachelor of Science degree in Applied Mathematics from Harvard University.
About Nearwater
Nearwater is recognized as a leading institution in the industry, dedicated to developing and providing innovative, customer-centric capital and asset-based financing solutions for global leading banks, asset management companies, sponsors, and original asset holders. Through its integrated risk retention solutions, liquidity markets, and capital market services, Nearwater combines flexible capital, market expertise, structural design capabilities, and regulated infrastructure to help clients achieve their financing, liquidity, balance sheet, and regulatory capital objectives. Nearwater Capital Markets, Limited is registered as a securities-based swap dealer with the U.S. Securities and Exchange Commission, and Nearwater Capital Markets Europe, Limited is an investment company regulated by the Central Bank of Ireland.
