We are Rithm

Michael Nierenberg is the Chief Executive Officer, Chairman of the Board, and President of Rithm Capital. Mr. Nierenberg has worked for the Company since 2013. Mr. Nierenberg was appointed as our Chairman of the Board in May 2016, and our Chief Executive Officer and President in November 2013. Prior to becoming Chief Executive Officer of Rithm Capital, Mr. Nierenberg served as Managing Director and Head of Global Mortgages and Securitized Products at Bank of America Merrill Lynch. Mr. Nierenberg joined Bank of America Merrill Lynch in November 2008 from J.P. Morgan, where he was head of Global Securitized Products and a member of the management committee of the investment bank.

Prior to his tenure at J.P. Morgan, Mr. Nierenberg held a range of senior leadership positions during fourteen years with Bear Stearns, including Head of Interest Rate and Foreign Exchange Trading operations, Co-Head of Structured Products and Co-Head of Mortgage-Backed Securities Trading. From 2006 to 2008, he was a member of Bear Stearns’s Board of Directors. Mr. Nierenberg spent seven years at Lehman Brothers prior to joining Bear Stearns and was instrumental in building the company’s adjustable rate mortgage business.

Nick Santoro is the Chief Financial Officer and Chief Accounting Officer of Rithm Capital. Mr. Santoro has worked for the Company since 2015. Mr. Santoro was previously employed by FXCM, Inc. from 2012 through September 2015, serving as its Chief Accounting Officer where he was responsible for directing financial reporting, accounting, tax and financial planning activities. From 2005 through 2012, Mr. Santoro was employed by the Financial Guaranty Insurance Company, serving as principal financial officer from November 2008.

Mr. Santoro is a Certified Public Accountant.

Charles Sorrentino is a Managing Director at Rithm Capital. Mr. Sorrentino has worked for the Company since 2015, originally as a Managing Director in the Private Equity division of Fortress Investment Group, the Company’s former external manager.

At Rithm, Mr. Sorrentino serves as Head of Investments and is responsible for managing all assets under management. Mr. Sorrentino has over 20 years of experience in capital markets and spent 14 years at Bank of America Merrill Lynch in various senior leadership roles. Prior to joining Bank of America Merrill Lynch, Mr. Sorrentino worked at Prudential Securities.

Philip Sivin is a Managing Director at Rithm Capital and Chief Legal Officer for the Company. Mr. Sivin has worked for the Company since 2021, originally as a Managing Director in the Private Equity division of Fortress Investment Group, the Company’s former external manager.

Prior to this, Mr. Sivin was a Managing Director and Chief Counsel-Credit at Angelo, Gordon & Co, L.P., overseeing legal issues across the firm’s $25bn+ credit platform Prior to Angelo Gordon, Mr. Sivin held a variety of senior positions, including Senior Managing Director, General Counsel and Chief Financial Officer, and was a member of the Executive Committee of the M.D. Sass Group of Companies. Mr. Sivin practiced law at Sullivan & Cromwell, LLP as a member of the General Corporate, Investment Management and Real Estate Groups.

Mr. Sivin serves as a Member of the Board of Managers of the Law Alumni Society of the University of Pennsylvania Law School and a member of the Cornell ILR Alumni in Finance Council.

Mr. Sivin received a B.S. from Cornell University, a J.D., cum laude, from the University of Pennsylvania Law School and an M.B.A. from Columbia Business School. He also holds the Chartered Financial Analyst designation.

Varun Wadhawan is a Managing Director at Rithm Capital. Mr. Wadhawan has worked for the Company since 2016, originally as a Managing Director in the Private Equity division of Fortress Investment Group, the Company’s former external manager.

At Rithm, Mr. Wadhawan leads Corporate Strategy and M&A and has been instrumental in driving the investment and acquisition of various operating businesses. Prior to joining the Company, Mr. Wadhawan spent 10 years at Bank of America Merrill Lynch in the Financial Institutions Investment Banking Group where he executed numerous M&A and capital raising transactions. Prior to Bank of America Merrill Lynch, Mr. Wadhawan worked at American Express and KPMG.

Mr. Wadhawan received an M.B.A. from Cornell University, is a member of the Institute of Chartered Accountants of India and holds the Chartered Financial Analyst designation.

Sanjeev Khanna is a Managing Director at Rithm Capital. Mr. Khanna was previously a Managing Director in the Private Equity division of Fortress Investment Group, the company’s former external manager. Mr. Khanna joined Fortress in 2009.

At Rithm, Mr. Khanna leads the Capital Markets function. Mr. Khanna has more than 30 years of experience collaborating with a wide range of mortgage and consumer finance industry participants, including servicers of commercial and residential mortgage and consumer loans, asset managers, originators, rating agencies, trustees, accounting firms, lenders, and investors. Prior to joining Fortress, Mr. Khanna was a business leader at Morgan Stanley for over 20 years in various structured finance, fixed income, and capital markets groups.

Mr. Khanna holds a B.S. in Industrial Engineering from Columbia University.

Martin Migliara is a Managing Director and leads Rithm’s European operations, based in London. Mr. Migliara is responsible for the sourcing and execution of investment opportunities in Europe, with an emphasis on commercial real estate and consumer lending. Prior to joining Rithm, Mr. Migliara was the Head of Europe, the Middle East and Africa (“EMEA”) origination and lending in Bank of America’s Global Mortgages and Securitized Products division. He has over 20 years of experience in asset-backed securities (“ABS”) lending and commercial real estate lending in Europe. Prior to his time with Bank of America, Mr. Migliara was a Senior Managing Director at Bear Stearns in both New York and London.

David Welsh is a Managing Director in Rithm’s Commercial Real Estate division. Mr. Welsh is the Founder and Managing Partner of GreenBarn Investment Group, and is responsible for the operations and management of GreenBarn, as well as overseeing the origination, structuring and asset management of GreenBarn’s investments. Prior to founding GreenBarn, Mr. Welsh was a Founder and Partner of Normandy Real Estate Partners, which he co-founded in 2002 and sold to Columbia Property Trust (NYSE: CXP) in January 2020. Under Mr. Welsh’s leadership, Normandy grew to become a leading, vertically integrated investment manager with a portfolio of over 14 million square feet and $3.5 billion of assets under management.

Prior to founding Normandy, Mr. Welsh worked at Morgan Stanley as Head of Capital Markets for the US Real Estate Investing Division. A Phi Beta Kappa graduate of Pennsylvania State University and a member of its Real Estate Advisory Board, he earned a master’s degree in Real Estate Finance at the New York University Schack Institute of Real Estate, where he is a past member of the Advisory Board and was an adjunct professor.

David Schonbraun is a Managing Director in Rithm’s Commercial Real Estate division. Mr. Schonbraun is a Managing Partner of GreenBarn Investment Group and is responsible for overseeing the origination, structuring and asset management of GreenBarn’s investments. Prior to joining GreenBarn, he was Head of US Real Estate Credit at The Carlyle Group and also served as CIO of SL Green Realty Corp (NYSE: SLG), where he worked for 19 years. At SL Green, Mr. Schonbraun was responsible for the real estate equity and debt acquisitions, dispositions, alternative investments, borrowings and structured finance. He closed on tens of billions of dollars worth of transactions in the United States, including many of SL Green’s largest office acquisitions and helped lead the formation of public company Gramercy Capital Corp—an early entrant in the specialty finance business.

Mr. Schonbraun received a Bachelor of Arts degree in economics from Princeton University.

Peter Sibilia is a Managing Director in Rithm’s Commercial Real Estate division. Mr. Sibilia is a Partner and senior member of the investment team at GreenBarn Investment Group. Previously, he spent 14 years at J.P. Morgan Asset Management – Real Estate Americas, most recently as Managing Director and Co-Head of the Northeast Investment team focusing on acquisitions activity for all clients. During his tenure at J.P. Morgan, Mr. Sibilia was responsible for sourcing and executing transactions across risk profiles and product types from the New York City region to Boston. Prior to this role, he was an acquisitions officer sourcing new investments in the northeastern United States.

Prior to joining J.P. Morgan, he was an acquisitions officer for Arsenal Real Estate Funds. Mr. Sibilia started his career in 2001 with PGIM (formerly Prudential Real Estate Investors) and holds a B.S. in Finance from Seton Hall University and is a CFA charter holder. He is a member of the Urban Land Institute with membership on the national Urban Development and Mixed-Use Council (Red Flight) and on the New York chapter of the Urban Development and Mixed-Use Council (Blue Flight).