George Putnam III
Encyclopedia
George Putnam III is editor and founder of The Turnaround Letter, a newsletter
published by New Generation Research, Inc. which deals with investment opportunities related to distressed securities
, bankruptcies
and turnarounds
. He is also president of New Generation Advisers, Inc., which manages a hedge fund
which invests in distressed securities.
He graduated from St. Mark's School
in Southborough, Massachusetts
where he is an active trustee making a speech at graduation every year.
Putnam is a graduate of Harvard College
, Harvard Law School
and Harvard Business School
.
He is also a trustee for Putnam Investments
, a mutual fund group founded by his grandfather George Putnam
, and an Overseer of the Sea Education Association
.
Newsletter
A newsletter is a regularly distributed publication generally about one main topic that is of interest to its subscribers. Newspapers and leaflets are types of newsletters. Additionally, newsletters delivered electronically via email have gained rapid acceptance for the same reasons email in...
published by New Generation Research, Inc. which deals with investment opportunities related to distressed securities
Distressed securities
Distressed securities are securities of companies or government entities that are either already in default, under bankruptcy protection, or in distress and heading toward such a condition. The most common distressed securities are bonds and bank debt...
, bankruptcies
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
and turnarounds
Turnaround management
Turnaround management is a process dedicated to corporate renewal. It uses analysis and planning to save troubled companies and returns them to solvency. Turnaround Management involves management review, activity based costing, root failure causes analysis, and SWOT analysis to determine why the...
. He is also president of New Generation Advisers, Inc., which manages a hedge fund
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
which invests in distressed securities.
He graduated from St. Mark's School
St. Mark's School (Massachusetts)
St. Mark’s School is a coeducational, Episcopal, preparatory school, situated on in Southborough, Massachusetts, from Boston. It was founded in 1865 as an all-boys' school by Joseph Burnett, a wealthy native of Southborough who developed and marketed the world-famous Burnett Vanilla Extract . ...
in Southborough, Massachusetts
Southborough, Massachusetts
Southborough is an affluent town in Worcester County, Massachusetts, United States. It incorporates the smaller villages of Cordaville, Fayville, and Southville. Its name is often informally shortened to Southboro, a usage seen on many area signs and maps. Its population was 9,767 at the 2010...
where he is an active trustee making a speech at graduation every year.
Putnam is a graduate of Harvard College
Harvard College
Harvard College, in Cambridge, Massachusetts, is one of two schools within Harvard University granting undergraduate degrees...
, Harvard Law School
Harvard Law School
Harvard Law School is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, it is the oldest continually-operating law school in the United States and is home to the largest academic law library in the world. The school is routinely ranked by the U.S...
and Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
.
He is also a trustee for Putnam Investments
Putnam Investments
Putnam Investments is a privately owned investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston...
, a mutual fund group founded by his grandfather George Putnam
George Putnam
George Putnam may refer to:*George Putnam , Los Angeles, California, television newsman*George D. Putnam , screenwriter*George F. Putnam, American historian...
, and an Overseer of the Sea Education Association
Sea Education Association
The Sea Education Association is a private, nonprofit educational organization which offers a hands-on experience to college and high school students in sailing at sea. Founded in 1971 by Corwith Cramer, Jr. SEA operates two sailing ships traveling throughout both the Atlantic and Pacific Oceans...
.