EJF Capital LLC (“EJF”), a global alternative asset management firm, today announced that John W. Murray and Derrick G. Preuss have joined the firm as Managing Directors. Mr. Murray will work on EJF’s Portfolio Management team, where he will focus on residential mortgage-backed securities, mortgage servicing rights, and credit risk transfer transactions. Mr. Preuss will work on EJF’s Business Development team, where he will be responsible for building relationships with existing and prospective investors.

Neal J. Wilson, Co-Founder and Co-Chief Executive Officer of EJF, said, “We are thrilled to welcome John and Derrick to EJF, whose combined decades of financial services expertise will meaningfully enhance our business development and portfolio management capabilities. We look forward to their contributions as we continue to grow our business and capitalize on the opportunity set ahead for our investors across EJF’s strategies.”

Mr. Murray brings over 26 years of structured product investment experience to EJF. Most recently, he was a Senior Managing Director of Portfolio Management and the Chief Portfolio Manager at Arlington Asset Investment Corporation, where he worked for 22 years. While at Arlington Asset, Mr. Murray was a member of the Investment Committee and was responsible for the management of the firm’s investment portfolio, which consisted primarily of residential mortgage-backed security and structured products. He previously worked at Advest Group and Morgan Stanley. Mr. Murray received his BS in Finance from Georgetown University.

Mr. Preuss brings nearly two decades of financial services experience and expertise to EJF. Previously, he was a Partner at Winston Partners, where he spent nearly 13 years leading the firm's business development efforts and supporting its client service program. Mr. Preuss started his career at Merrill Lynch & Co., where he was a member of the U.S. Prime Brokerage Sales team responsible for originating new financing relationships with hedge fund managers while working closely with the broader global markets division to cross-sell Merrill Lynch's suite of products and services. Mr. Preuss received his BA in Economics from the University of Virginia.

About EJF Capital

EJF Capital LLC is a global alternative asset management firm headquartered outside of Washington, D.C. with offices in London, England and Shanghai, China. EJF employs over 45 professionals, including a seasoned investment team of 20 people. The firm was founded in 2005 by Manny Friedman and Neal Wilson. To learn more, please visit www.ejfcap.com.

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