Gloria S. Nelund – Chairman & Chief Executive Officer
Gloria Nelund co-founded TriLinc Global after spending her career as one of the most successful and visible executives in the international Asset Management Industry. Most recently, Gloria served as CEO of the U.S. Private Wealth Management Division at Deutsche Bank, the world’s fifth largest financial institution. In this capacity, Gloria held fiduciary responsibility for more than $50 billion in investment assets, including more than $20 billion in emerging markets and credit instruments. In addition to her role as divisional CEO, Gloria served as the only female member of the Global Private Wealth Management Executive Committee.
Prior to her tenure at Deutsche Bank, Gloria spent sixteen years as an executive at Bank of America/Security Pacific Bank, most notably as President and CEO of BofA Capital Management, Inc., an investment management subsidiary managing $35 billion in assets for both retail and institutional investors. In addition to managing fixed-income and equity mutual funds in both the U.S. & internationally, Gloria’s division was responsible for managing assets on behalf of public funds, common trust funds and corporate funds. Gloria also spent five years as Manager of Worldwide Sales and Marketing of BofA Global Asset Management and three years as CEO of InterCash Capital Advisors, Inc., a $15 billion investment management subsidiary of Security Pacific Bank.
Gloria has been a pioneer in the development of Social Impact products for institutional and high net worth investors. While at Scudder, she supported the development and growth of one of the industry’s first socially-responsible investment (SRI) mutual funds, which was subsequently sold to Legg Mason. In addition, Gloria was instrumental in making Deutsche Bank a leading institutional supporter of microcredit, creating multiple programs for Private Wealth Management clients to be educated about, and invest in the asset class.
Gloria brings to TriLinc more than 30 years of experience in executive management of financial institutions, as well as deep expertise in the creation, sales and distribution of financial products within the wealth management community.
In addition to her activities with TriLinc, Gloria acts as Independent Trustee for RS Investments, a mutual fund complex with more than $20 billion in assets under management. She is also a life-long supporter of development-oriented philanthropic causes. While at Deutsche Bank, Gloria served on the Board of the Deutsche Bank Americas Community Development Group, with responsibility for providing loans, investments and grants to targeted organizations throughout the U.S. and Latin America. She has also volunteered as a teacher of at-risk youth in the Los Angeles Unified School District and the YMCA of Los Angeles. Gloria currently sits on the board of multiple not-for-profit organizations and actively supports entrepreneurship research and education. She is an active speaker, and guest lecturer on Impact Investing at conferences and several top business schools, including Columbia, Wheaton, Kellogg and MIT.
Mark Torline – President and Chief Operating Officer
Mark Torline is an experienced investment management executive with demonstrated success in both start-up/entrepreneurial and large corporate settings. Most recently, Mark served as Managing Director of Macquarie Allegiance Capital (a subsidiary of Macquarie Funds Group) after identifying, negotiating and executing the sale of his private investment company, Allegiance Capital, in 2008. In addition to leading the integration and expansion of Macquarie’s asset management capabilities in the U.S., in this role Mark managed all fixed income management activities.
Allegiance Capital was a $5.5 billion private investment firm providing relative and absolute return fixed income solutions to institutional clients, and individual clients through financial advisors and brokers. As co-founder, CEO and Chief Compliance Officer, Mark developed and executed their business plan, taking their entrepreneurial idea to $5.5 billion in assets under management, $15 million in revenue and 60 employees, including two subsidiary investment firms specializing in hedge fund and structured debt transactions for institutional clients. He developed significant strategic partnerships with several Wall Street firms, including UBS, JP Morgan, Citi, Smith Barney, Morgan Stanley, Bank of America and Merrill Lynch, and established a strong compliance culture, resulting in no material compliance violations from the firm’s routine SEC examinations.
Prior to forming Allegiance Capital, Mark held various executive positions with Govaars & Associates, a boutique institutional fixed income money management firm, and with Security Pacific Bank. He has extensive financial services industry background in investment portfolio management and administration, asset management, mutual funds, credit/lending oversight and private equity management
Mark holds an MBA in Finance from Northwestern University, Kellogg School of Management, and a Bachelor of Arts with a major in Marketing from Wichita State University. Mark serves on the Investment Committee of Wichita State University Foundation and is a Member of the National Advisory Council at Wichita State University.
Paul Sanford – Chief Investment Officer
Paul Sanford is an experienced investment professional, most recently serving as Managing Director and Chief Investment Officer for Tow Financial Advisors, a Los Angeles-based boutique Registered Investment Advisor. As Chief Investment Officer, he was responsible for developing and implementing Tow’s Global Investment Strategy, performing manager due diligence, and managing all fund investment relationships. Paul is a published thought leader who has hosted regular Investor Briefings on his macro-economic outlook and Tow’s Global Investment Strategy.
His extensive experience in the banking and investment industry includes portfolio manager positions at Deutsche Bank, HSBC and Morton Capital Management. At HSBC, 60% of Paul’s clients were offshore clients in Latin America, and for over a decade, Paul has been recognized as a global macro investor with a focus on Central Bank policy, GDP growth trends, global interest rates, global currencies and foreign government policies with an emphasis in emerging markets.
Paul earned his Bachelor of Arts in Business Economics from California State University, Long Beach and previously served in the United States Marine Corps. He is a member of the Chartered Financial Analyst (CFA) Society of Los Angeles and the CFA Institute.
Paul serves on the Investment Committee for the City of Hope, an independent biomedical research, treatment and education institution, leading the fight to conquer cancer, diabetes, HIV/AIDS and other life-threatening diseases. He is also a member of the Board of Directors and Investment Committee member for Little Company of Mary Hospital, a not-for-profit healthcare system with over 25 sites delivering comprehensive quality health care for individual communities in in the Los Angeles area with a focus on providing low cost and/or free healthcare to the most under-served populations (low income families, single mothers, the homeless, etc.).
Steve Napleton, CFA – Senior Investment Officer
At TriLinc Global, Steve brings together years of experience in capital markets and international development to a true marriage of the two in impact investing. Most recently, Steve served as Senior Private Sector Advisor at the U.S. State Department, where he spearheaded numerous private sector initiatives on behalf of the U.S. President’s Emergency Plan for AIDS Relief, or PEPFAR. In that role, Steve led a number of large-scale public-private partnerships for the State Department, leveraging private sector expertise on problems ranging from local production of fortified foods to capacity-building of local partners in sub-Saharan Africa. He was proud to serve on department-wide initiatives, including the Haiti earthquake response task team and an interagency working group to engage impact investors.
Prior to his role at the State Department, Steve worked at the Chicago offices of Goldman Sachs and Citigroup in institutional fixed income sales. He provided market color, asset allocation advice and trade execution in asset-backed securities and structured products to a client base of money managers, insurance companies and banks throughout the U.S.
Steve has also worked with the United Nations Development Program in Uganda, the Overseas Private Investment Corporation and the U.S. Agency for International Development.
Steve holds a Masters in Public Policy from Georgetown University and a BS in Science-Business from the University of Notre Dame. Steve is a CFA charterholder and member of the CFA Society of Washington, DC. He serves on the board of Upendo Village, an organization based outside of Nairobi that provides medical care, education and job training for people infected and affected by HIV/AIDS.
Tim Morgan – Head of Business and Product Development
Tim Morgan brings over 30 years of experience in the corporate, investment banking, venture capital and consulting industries and has held various senior positions in sales, business development and management. He has served as a board advisor, officer and mentor to several technology start-ups.
Tim was a co-founder of Morgan Electronics, Inc., an early access control/cyber security firm in Northern California specializing in securitizing data centers and large campus environments using video surveillance and early card reader and desktop computer technology. He managed large campus deployments as a project manager, oversaw the company’s Southern California branch of 35 employees and played a senior role in the finance and accounting departments of the firm.
Tim was an executive with Robertson Stephens and Co. in San Francisco, California, focused on emerging growth companies and their related venture capital investors for over 12 years. Additionally, he managed key client relationship groups for UBS and Royal Bank of Canada during his 22 year investment banking career.
Tim’s most recent work includes deal analysis for Hanna Ventures, a private venture capital group specializing in wireless and data security technologies and as managing director of Hanna Energy, LLC, a smart grid technology private equity group focused on communications and security investments within the electricity distribution and transmission space.
Tim is an ardent supporter of positive social change through sustainable economics and new technology platforms like social media, micro grids and dual currencies. He is actively involved with nonprofit organizations in South America, Asia and the US and is a commercially rated, high time pilot who enjoys traveling, surfing, skiing, fly fishing and hiking.
Scott Becker – Corporate Controller
Scott Becker joined TriLinc from Clear Path Networks, Inc., a private equity-funded IT service provider, where he held the position of Chief Financial Officer. With customers in Europe and the Middle East and operations in China, India, and the U.K., Scott was responsible for all administrative support functions, including finance, accounting, human resources, and risk management.
In addition to his experience in the hi-tech industry, Scott brings to TriLinc broad financial management experience including executive-level positions in the manufacturing, distribution, and non-profit sectors. Scott has extensive experience in high-growth environments where his strategic planning experience and financial planning backgrounds have enabled him to anticipate capital requirements and work with both lenders and investors to secure adequate liquidity to fund corporate development objectives. Furthermore, his experience in restructuring debt and effectively managing working capital has enabled him to successfully address the challenging business climate we face today. Scott has experience implementing sound internal controls and procedures to proactively minimize risks while maintaining operational efficiencies. Scott has overseen a wide range of independent third party audits, including financial statement, government, lender, and insurance audits - all with no management comments.
Prior to ClearPath, Scott was Chief Financial Officer and Controller at Richard Marshall Fine Flooring, Inc., a profitable manufacturer of ultra-premium hardwood flooring, where he was hired to oversee restructuring after a failed business venture brought the firm near insolvency. By renegotiating their lending facility to relax covenants, working with vendors to extend credit terms in exchange for payment commitments, plus hands-on oversight of collections and capital investments, all financial obligations were met, while manufacturing operations continued without adverse impact.
At the Los Angeles Regional Foodbank, Scott was asked to join the Foodbank by then-Executive Director Doris Bloch to implement internal controls and sound financial management practices to the non-profit whose mission is to mobilize resources to fight hunger in the Los Angeles area. As Finance Director, Scott improved cash flow by cutting costs, thereby increasing then-insufficient reserves. Scott also oversaw the financial activities of a successful capital campaign which doubled capacity.
Scott holds an MBA from the University of Southern California Marshall School of Business and a B.S. from California State University, Long Beach.
Marni Hodder – Chief Impact Officer
Marni Hodder contributes more than a decade of financial experience in investments, qualified plans and registered investment advisor (RIA) compliance, mostly recently as Managing Director and Chief Operating Officer for Tow Financial Advisors, a Los Angeles-based boutique Registered Investment Advisor, where she was also a member of the Investment Committee.
At Tow, she was responsible for; creating and implementing a start-up compliance program for the RIA, developing a proprietary fiduciary-focused 401(k) platform, creating and implementing all financial reporting, including a profit-center tracking program designed to focus resources on most profitable business lines (resulting in a tripling of AUM in 3 years), developing and implementing a fiduciary-focused investment due diligence program, oversight of portfolio accounting and administration, as well as all IT platforms.
Throughout her career in financial services, Marni has used her exceptional analytical skills to optimize internal processes, increase operational efficiency and tap cutting edge technologies. Since 2002, she has had a particular focus in providing compliance services for investment companies. Her previous experience includes the AFP Group, a independent financial services company that provides financial planning, insurance, and investment advisory services.
Marni holds a Bachelor of Arts from Northern Arizona University and is fluent in both German and French. She has received formal training in investment fiduciary responsibility, and has earned the Accredited Investment Fiduciary professional designation, awarded by the Center for Fiduciary Studies, which is associated with University of Pittsburgh.