LIQUIDiTY Group Appoints Dan Allred as CEO, North America (2024)

Today, LIQUiDITY Group announced the appointment of industry veteran Dan Allred as CEO, N.A.

Today, LIQUiDITY Group announced the appointment of industry veteran Dan Allred as CEO, N.A.

LIQUIDiTY Group Appoints Dan Allred as CEO, North America (1)

8 min read

September 12, 2023

Today, LIQUiDITY Group announced the appointment of industry veteran Dan Allred as ‌CEO, North America. Allred is a fintech professional and spent two decades at Silicon Valley Bank (SVB), most recently as a Senior Market Manager and Head of the National Fintech practice.

Dan brings to the table a prominent track record in banking, lending, and operational expertise. Notably, during his tenure at SVB, he was the driving force behind establishing and growing the bank's early-stage business in the Northeast U.S. By cultivating robust relationships among venture capitalists, accelerator programs, and numerous key business personalities like founders, CEOs, and CFOs, Allred showcased his unmatched networking prowess to build SVBs business inside and outside Silicon Valley.

Ron Daniel, Co-Founder and CEO of LIQUiDITY Group, expressed the company's enthusiasm about the appointment. "Dan is a proven leader who brings a 20-year track record of value creation in banking and growing cross-functional teams. His addition to the LIQUiDITY Group family is strategically accelerating our growth in North America. His shared belief in the potential of machine learning for underwriting and portfolio management solutions aligns with our vision for the region."

"Joining LIQUIDiTY Group feels like the next natural step in my career," said Allred. "I've admired Ron and the leadership team for years. As lenders and capital allocators increasingly lean into machine learning technology, platforms like LIQUiDITY's are poised to lead the way. I'm thrilled to be a part of this journey."

Beyond his role at LIQUiDITY Group, Allred will maintain his positions on the Board of Directors for FS Vector and as an advisor for Modern Treasury.

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

LIQUIDiTY Group Appoints Dan Allred as CEO, North America (2024)

FAQs

LIQUIDiTY Group Appoints Dan Allred as CEO, North America? ›

Today, Liquidity Group announced the appointment of industry veteran Dan Allred as CEO, North America. Allred is a fintech professional and spent two decades at Silicon Valley Bank

Silicon Valley Bank
Silicon Valley Bank (SVB) is a commercial bank division of First Citizens BancShares. The bank was previously the primary subsidiary of SVB Financial Group, a publicly traded bank holding company that had offices in 15 U.S. states and over a dozen international jurisdictions.
https://en.wikipedia.org › wiki › Silicon_Valley_Bank
(SVB), most recently as a Senior Market Manager and Head of the National Fintech practice.

Who is the CEO of liquidity group? ›

Ron Daniel, Co-Founder and CEO of LIQUiDITY Group, expressed the company's enthusiasm about the appointment. "Dan is a proven leader who brings a 20-year track record of value creation in banking and growing cross-functional teams.

What is liquidity in banking? ›

Liquidity is the risk to a bank's earnings and capital arising from its inability to timely meet obligations when they come due without incurring unacceptable losses. Bank management must ensure that sufficient funds are available at a reasonable cost to meet potential demands from both funds providers and borrowers.

Where is liquidity group headquarters? ›

They currently employ 85 team members, spread among its headquarters in Tel Aviv, and its offices in New York, Miami, London, Singapore, Abu Dhabi and Kiev.

How big is the Liquidity Group Fund? ›

Liquidity Group specializes in developing AI technologies for financial applications, as well as manages credit and equity investments with a total AUM of $2.5 billion.

Is liquidity good or bad? ›

Financial liquidity is neither good nor bad. Instead, it is a feature of every investment one should consider before investing.

Why is liquidity a problem for banks? ›

This is a “liquidity” problem. System wide illiquidity can make banks insolvent: With consumption goods in short supply, banks can be forced to harvest consumption goods from more valuable, but illiquid, assets to meet the non-negotiable demands of depositors.

How do banks make money from liquidity? ›

Investment banks often have market making operations that are designed to generate revenue from providing liquidity in stocks or other markets. A market maker shows a quote (buy price and sale price) and earns a small difference between the two prices, also known as the bid-ask spread.

Who manages liquidity? ›

Liquidity management is an important task of a company's treasury department. The main task is to ensure the liquidity of the company at all times and to make sure that there is always enough money available to pay the company's bills and make investments without facing a liquidity crisis.

What does Liquidity Group do? ›

LIQUiDITY Group Overview

Backed by top financial institutions including Apollo (NYSE:APO) and MUFG (NYSE:MUFG), Liquidity Group provides growth capital through funds focused on the US, Asia-Pacific, Europe and the Middle East.

Who created liquidity? ›

According to the modern theory on financial intermediation, banks exist because they perform two central roles in the economy – they create liquidity and they transform risk. 1 Analyses of banks' role in creating liquidity and thereby spurring economic growth have a long tradition, dating back to Adam Smith (1776).

What is owner liquidity? ›

Owner liquidity is created by taking capital out of the business along the way. For some entrepreneurs and service businesses, this business model makes sense, professional investors are rarely involved with lifestyle businesses because without the founders skills, and involvement these businesses are unlikely to grow.

Top Articles
Latest Posts
Article information

Author: Edmund Hettinger DC

Last Updated:

Views: 5994

Rating: 4.8 / 5 (58 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Edmund Hettinger DC

Birthday: 1994-08-17

Address: 2033 Gerhold Pine, Port Jocelyn, VA 12101-5654

Phone: +8524399971620

Job: Central Manufacturing Supervisor

Hobby: Jogging, Metalworking, Tai chi, Shopping, Puzzles, Rock climbing, Crocheting

Introduction: My name is Edmund Hettinger DC, I am a adventurous, colorful, gifted, determined, precious, open, colorful person who loves writing and wants to share my knowledge and understanding with you.